#XRPETFs An ETF (Exchange Traded Fund) is an investment fund that is traded on stock exchanges, offering investors the ability to buy and sell shares as if they were stocks. An ETF can replicate the performance of a stock index, a specific sector, commodities, or even cryptocurrencies.
XRP is a native cryptocurrency of the XRP Ledger, an open-source blockchain created to facilitate global value transfers quickly and cost-effectively. Unlike other cryptocurrencies, XRP was pre-mined and is designed to be used by financial institutions to improve the efficiency of cross-border payments. Recently, futures-based ETFs on XRP have been launched and approved in some markets, making it easier for investors to gain exposure to this cryptocurrency without directly owning it.