#XRPETFs As of mid-2024, there is **no XRP ETF (Exchange-Traded Fund)** available in the U.S. or other major markets. However, the topic has gained some attention due to the growing interest in **crypto ETFs**, especially after the approval of **spot Bitcoin ETFs** in January 2024 and **Ethereum ETFs** in May 2024.
### **Could an XRP ETF Happen?**
Several factors influence the possibility of an **XRP ETF**:
1. **Regulatory Clarity for XRP**
- XRP’s legal status has been uncertain due to the **SEC vs. Ripple lawsuit** (filed in 2020).
- In July 2023, a federal judge ruled that **XRP itself is not a security** when sold to retail investors, but institutional sales violated securities laws.
- The case is still ongoing (appeals, remedies phase), and full regulatory clarity is needed before an ETF could be approved.
2. **Market Demand & Liquidity**
- XRP is among the top 10 cryptocurrencies by market cap, with strong liquidity.
- However, demand for an XRP ETF may be lower than for **Bitcoin or Ethereum ETFs**, which are seen as more established "blue-chip" crypto assets.
3. **Issuer Interest**
- Major ETF providers (BlackRock, Grayscale, Fidelity, etc.) have not yet filed for an XRP ETF.
- If Ripple’s legal issues are fully resolved, asset managers might consider launching one.
### **Potential Timeline for an XRP ETF**
- **2025–2026** (earliest possible) – If the SEC drops its case or settles fully, an XRP ETF could be proposed.
- **Beyond 2026** – If legal risks persist, an ETF is unlikely in the near term.
### **Alternatives to an XRP ETF**
- **ETPs (Exchange-Traded Products)** – Some non-U.S. markets (like Europe) offer XRP ETPs.
- **Futures-based XRP ETFs** – Less likely, as the SEC prefers spot ETFs for crypto.
- **Self-Custody & Direct Ownership** – Investors can buy XRP directly on exchanges like Coinbase, Kraken, or Binance.
**Bottom Line**
An **XRP ETF is not imminent**, but if Ripple wins its legal battle decisively, it could become a reality in the next few years.