#XRPETFs

Currently, there is no XRP ETF (exchange-traded fund) approved in the United States. However, several asset managers, such as Bitwise, 21Shares, Grayscale, and WisdomTree, have submitted applications to the Securities and Exchange Commission (SEC) to launch XRP ETFs that offer direct exposure to this cryptocurrency.

On February 18, 2025, the SEC formally acknowledged Bitwise's application for an XRP ETF, initiating a review process that may last up to 90 days. This acknowledgment does not imply approval but represents an important step in the regulatory process. Bloomberg analysts estimate a 65% probability of approval, while the prediction platform Polymarket estimates it at 78%.

Additionally, three leveraged and inverse XRP ETFs are expected to launch this week in the U.S., offered by ProShares. These products are based on futures and not on physical holdings of XRP, so they are not the spot ETFs that many investors are hoping for.