#XRPETF
The XRP ETF is a financial product designed to provide investors with exposure to Ripple’s XRP token without direct ownership. Several asset managers, including Bitwise, WisdomTree, 21Shares, and Teucrium, have filed applications with the U.S. Securities and Exchange Commission (SEC) to launch spot XRP ETFs. These ETFs aim to track XRP's price, allowing investors to trade shares on traditional stock exchanges. The approval of such ETFs could enhance institutional access to the cryptocurrency market. However, regulatory uncertainties persist, as the SEC has previously classified XRP as a security in its lawsuit against Ripple Labs.
CoinMarketCap
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Cointelegraph
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TheBlockchain.Digital
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Barron's
Investopedia
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Cointelegraph
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The launch of the first U.S.-based XRP ETF, Teucrium's 2x Long Daily XRP ETF (ticker: XXRP), occurred amid market volatility, attracting significant investor interest. Despite this, the ETF's performance highlighted the risks associated with leveraged products in turbulent markets.
WSJ
As of April 27, 2025, XRP is trading at $2.18, reflecting a slight decrease of 1.36% over the previous day.
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