#XRPETF: Recent News and Market Buzz

In April 2025, XRPETF became the focus of the cryptocurrency market. Teucrium launched the first 2x leveraged XRPETF (code: XXRP) in the United States on April 8, providing investors with double the daily return exposure of XRP without needing to hold the tokens directly. 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 the approval deadline set for May 22, and the market predicts a 72% chance of approval. The new SEC Chairman Paul Atkins supports cryptocurrency and is expected to expedite the settlement of the Ripple lawsuit and ETF approval, potentially driving XRP's price to new historical highs. However, XRP recently fell by 5% due to market corrections and concerns over XRPLedger vulnerabilities, with a current price of around $2.2. Investors need to pay attention to macroeconomic and regulatory dynamics. The #XRPETF frenzy continues to heat up, and the coming months will be critical.