#XRPETFs the price movements of XRP without directly buying, holding, and managing the cryptocurrency itself. It would trade on traditional stock exchanges, making it more accessible to a wider range of investors, including institutions.
There are different types of crypto ETFs:
* Spot XRP ETF: This type of ETF would directly hold XRP. Its price would closely track the actual price of XRP.
* XRP Futures ETF: This type of ETF invests in futures contracts of XRP. These contracts are agreements to buy or sell XRP at a specific price on a future date. The price of a futures ETF may not always perfectly track the spot price of XR