#XRPETF #XRPETF : Recent News and Market Discussions
In April 2025, XRP ETF became the focus of the cryptocurrency market. Teucrium launched the nation's first 2x leveraged XRP ETF (code: XXRP) on April 8, providing investors with double the daily returns of XRP exposure without the need to directly hold the tokens. This move is seen as a milestone for XRP's mainstream adoption, attracting the attention of both institutional and retail investors. Ten asset management companies, including Bitwise and Grayscale, have applied to the SEC for an XRP spot ETF, with a deadline for approval set for May 22, and the market predicts a 72% chance of approval. The new SEC chairman, Paul Atkins, supports cryptocurrencies and is expected to accelerate the settlement of the Ripple lawsuit and ETF approvals, potentially pushing XRP prices to new historical highs. However, XRP recently fell by 5% due to market corrections and concerns over XRPLedger vulnerabilities, currently priced at around $2.2, prompting investors to pay attention to macroeconomic and regulatory developments. #The XRP ETF craze continues to heat up; the coming months will be a crucial time.