#XRPETF ETF What is XRP?

An XRP ETF is an investment fund designed to track the price of XRP, the native cryptocurrency of the Ripple network. An ETF (Exchange-Traded Fund) or ERP (Exchange-Traded Product) is a financial product traded on stock exchanges such as NASDAQ or NYSE. It allows you to invest in XRP through traditional brokerage accounts, avoiding the need to buy and store cryptocurrency directly.

When you invest in an XRP ETF, you buy shares that represent a stake in the fund. These shares reflect the price fluctuations of XRP. This approach provides a regulated and familiar way to access the performance of XRP without having to deal with cryptocurrency wallets or private keys.