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What are the chances of approval for the XRP ETF?
Market participants see the increasing availability of these instruments as a crucial step towards the final approval of the XRP spot trading fund. According to Polymarket, a cryptocurrency betting platform, the likelihood of approval for the XRP spot fund by December 2025 has risen to 72%, compared to 68% on April 22.
Is there an ETF tracking XRP?
- Exchange-Traded Fund: XXRP, riding the XRP wave with leverage. - The newly launched XRP exchange-traded fund is a high-risk, high-reward fund on the Ripple digital currency. - XXRP is designed to provide double daily exposure to the price of XRP. - Like all leveraged exchange-traded funds, XXRP comes with significant market and compound risks.
What will happen if XRP gets an ETF?
XRP is in the transition phase.
Enhancing exposure with double leverage: The XRP exchange-traded fund allows investors to double their exposure to daily price movements in the XRP market. With XXRP, investors can gain exposure to the XRP market with less capital than required to buy equivalent direct derivatives.