$XRP gaining with the rest of the crypto market, now trading at $2.21, up 2.8% in the past 24 hours. Ripple has been in the spotlight lately — especially with its bid to acquire Circle and growing ETF buzz.
There was confusion online about a new XRP ETF from Tuttle Capital supposedly launching on May 7. But crypto influencer John Squire quickly corrected this. He shared the official SEC filing, which clearly shows the proposed effective date is May 21, 2025. So no, the ETF is not live yet.
Tuttle Capital has filed for 10 leveraged crypto ETFs — the first ever in the U.S. for tokens like XRP, Chainlink, and Polkadot. This shows rising interest from institutions beyond just Bitcoin and Ethereum.
Bloomberg analyst James Seyffart commented that these filings are likely testing what the SEC will allow. The new SEC Crypto Task Force will decide what actually moves forward.
Right now, Polymarket puts the chances of a spot XRP ETF approval this year at 77%. There are also rumors of major news involving BlackRock and XRP.
