#XRPETFs

XRP ETFs are gaining momentum as investment vehicles tracking XRP’s price, offering exposure without direct crypto ownership. In October 2024, Bitwise and Canary Capital filed for spot XRP ETFs with the SEC, followed by 21Shares, WisdomTree, and others, totaling nine applicants by March 2025. The SEC began reviewing applications in February 2025, with a decision expected by October. Teucrium launched the first U.S. XRP ETF, a 2x leveraged fund, on April 8, 2025. Approval odds are high, with Polymarket estimating 87%. If approved, XRP ETFs could drive institutional demand, liquidity, and price surges, potentially reaching $5-$25.