$XRP

Bitwise Asset Management has filed for a spot XRP exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), aiming to provide direct exposure to XRP. The SEC acknowledged the filing, initiating a review process that could last up to 90 days. If approved, this ETF would offer investors regulated access to XRP, the native asset of the XRP Ledger, through a traditional financial product. The proposal comes amid a more crypto-friendly regulatory environment under President Donald Trump’s administration, with analysts optimistic about the approval prospects. JPMorgan projects that XRP ETFs could attract up to $8 billion in inflows within their first year.