XRP Exchange-Traded Funds (ETFs) are investment vehicles designed to track the price of XRP, the cryptocurrency native to the Ripple network, allowing investors to gain exposure without directly owning the asset. As of April 2025, over ten asset managers, including Bitwise, Grayscale and Franklin Templeton, have filed for spot XRP ETFs with the U.S. SEC, with review deadlines extending to October 2025. The SEC’s recent decision to drop its lawsuit against Ripple has boosted optimism, with approval odds estimated at 79% by year-end. Brazil launched the first spot XRP ETF in 2025, setting a global precedent. Potential benefits include increased institutional adoption, liquidity, and price stability, though regulatory uncertainty and XRP’s volatility pose risks. Ripple’s CEO predicts U.S. ETF launches in late 2025, potentially driving XRP’s price to $5-$12 with significant institutional inflows.
