#XRPETF XRP ETFs (Exchange-Traded Funds) allow investors to gain exposure to XRP's price movements without directly buying or managing the cryptocurrency. Several companies have filed for XRP ETFs with the US Securities and Exchange Commission (SEC), including ¹:

- *Bitwise Asset Management*: Filed the first XRP ETF proposal in October 2024, aiming to track XRP's price with Coinbase Custody as custodian.

- *Canary Capital*: Filed for an XRP ETF in October 2024, confident in the new regulatory environment.

- *ProShares*: Set to launch three XRP Futures ETFs on April 30, 2025, offering investors exposure to XRP price trends without holding the token directly.

The approval of XRP ETFs could lead to increased demand, liquidity, and stable price discovery for XRP, attracting institutional investors and broadening participation in the XRP market. However, regulatory uncertainty surrounding XRP's classification as a security or commodity remains a key hurdle ¹ ².

*Recent Developments:*

- ProShares' XRP Futures ETFs are expected to launch on April 30, 2025.

- The SEC's appeal withdrawal and resolution of the Ripple case are crucial for XRP-spot ETF approvals.

- XRP's price has gained 0.42% to close at $2.1916, mirroring a broader crypto market cap rise to $2.92 trillion ² ³.

*Potential Impact:*

- Increased institutional adoption and legitimacy for XRP as an investment asset.

- Easier access for retail investors through traditional brokerage accounts.

- Potential for retirement accounts and increased awareness about XRP's use cases ¹.