#XRPETF

XRP ETF is a financial product that tracks the price of XRP. Investors can benefit from the price fluctuations of XRP by buying its shares without the need to buy, store, or manage XRP directly. In October 2024, companies such as Bitwise Asset Management and Canary Capital submitted applications for XRP exchange-traded funds to the U.S. Securities and Exchange Commission. The launch of the XRP ETF could increase the demand for XRP and its liquidity, allowing more investors to participate in XRP investment in a safer and more convenient way.