Jan 9, 2025 · Ripple President Monica Long has stated that an XRP spot exchange-traded fund (ETF) is likely to be approved “very soon,” and is expected to be next in line after the recently approved Bitcoin...

5 hours ago · Grayscale Pushes for XRP ETF Approval. The latest regulatory filing of Grayscale will help to open up XRP and offer it as an investment avenue for institutional investors. Among them, the XRP Trust with $ 16 million in assets was formed after the final verdict of Judge Analisa Torres in the Ripple vs. SEC trial.

9 hours ago · The existing product operates as a Delaware statutory trust, managing over $16 million XRP as of Friday. The proposed ETF would continue to hold XRP as its primary asset and track its performance ...

10 hours ago · This isn't the first time XRP was trending due to an XRP ETF filing. In October, the world's third-largest crypto asset by market cap was also hot on CT (Crypto Twitter) after Bitwise made its filing.

20 hours ago · Grayscale’s filing for an XRP ETF comes just a week after the firm submitted applications for Solana and Litecoin ETFs. This filing is part of a larger wave of XRP ETF applications, with CoinShares and Bitwise also submitting proposals to the SEC. XRP is trading flat at $3.12, showing no immediate reaction to the news.

14 hours ago · XRP shows signs of an uptick as asset managers could send a flurry of XRP ETF filings to the SEC next week. The NYSE Arca submitted a 19b-4 for the conversion of Grayscale's XRP Trust to a spot ETF.

An XRP ETF is a financial product designed to track the price of XRP, the digital asset native to the XRP Ledger. This investment vehicle allows traders to gain exposure to XRP’s price movements without the need to directly purchase, store, or manage the cryptocurrency itself.

5 days ago · If XRP ETFs are approved, then the funds could collectively bring in between $3 and $6 billion in investments, according to a recent estimate from J.P. Morgan analysts. Beyond spot XRP ETFs, XRP futures-based exchange-traded funds such as the ProShares Short XRP and ProShares 2x XRP are also up for consideration in the U.S. ...

The path to an XRP ETF must go through the SEC vs. Ripple case, which has become more favorable for the digital payment network developer after chair Gary Gensler announced his January departure.

Jul 23, 2024 · This XRP ETF guide explains everything about XRP-specific exchange-traded funds (ETFs). We cover their global availability, benefits, and risks, plus the relevance of SEC regulations in the U.S. and the investment process.