#XRPETF
XRP ETFs are exchange-traded funds that track the price of XRP, allowing investors to gain exposure to the cryptocurrency without directly holding it. Here are some key points about XRP ETFs:
*Upcoming XRP ETFs*
- ProShares is set to launch three XRP Futures ETFs on April 30, 2025, providing investors with exposure to XRP price trends without directly holding the token.
- These ETFs include ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF ¹.
*Existing XRP ETPs*
- *21Shares XRP ETP*: Tracks the value of Ripple (XRP) with a total expense ratio (TER) of 2.50% per annum. It's available on various exchanges, including Euronext Amsterdam, Euronext Paris, XETRA, and SIX Swiss Exchange.
- *Other XRP ETPs*: Bitwise Physical XRP ETP, WisdomTree Physical XRP, and CoinShares Physical XRP are other options with varying TERs and replication methods ².
*Market Performance*
- XRP's current price is $2.17, with a 1.23% decrease in the last 24 hours.
- The cryptocurrency market cap is $128.10 billion, with XRP's price influenced by broader market trends and regulatory developments ³.
*Regulatory Outlook*
- The approval of XRP-spot ETFs may depend on the SEC withdrawing its appeal and a favorable settlement in the Ripple case.
- A potential settlement could involve the SEC dropping its appeal and Ripple agreeing to pay a $50 million fine, with the remaining $75 million returned to Ripple.