$XRP refers to a potential Exchange-Traded Fund (ETF) based on XRP, the cryptocurrency associated with Ripple. An XRP ETF would allow investors to buy and sell shares representing XRP without directly purchasing the cryptocurrency. This could increase accessibility and attract institutional investors. However, regulatory approval is crucial, and the Securities and Exchange Commission (SEC) would need to classify XRP's legal status clearly. If approved, an XRP ETF could boost liquidity, stability and adoption, but its success would depend on market demand, regulatory frameworks and competition from other cryptocurrency ETFs. Investors would need to stay informed about developments.