#XRPETF The concept of XRP ETFs (Exchange-Traded Funds) has been gaining traction recently.
These financial products are designed to track the price of XRP, the digital asset native to the XRP Ledger, allowing investors to gain exposure to XRP's price movements without directly holding the cryptocurrency
Several investment firms, such as Bitwise and Canary Capital, have filed proposals for XRP ETFs with the U.S. Securities and Exchange Commission (SEC). However, regulatory uncertainty, particularly the ongoing legal battle between Ripple (the company behind XRP) and the SEC, has been a significant hurdle