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...

Grayscale XRP Trust is one of the first securities solely invested in and deriving value from the price of XRP that enables investors to gain exposure to XRP in the form of a security while avoiding the challenges of buying, storing, and safekeeping XRP directly.

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.

21 hours ago · Grayscale Investments has filed to convert its $16.1 million XRP trust into an exchange-traded fund, according to a new filing with the Securities and Exchange Commission, marking the latest push ...

11 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 ...

19 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.

1 day 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.

The Bitwise XRP ETF filing has gone live on the US Securities and Exchange Commission (SEC) website. This application, which is a first of its kind, will offer institutional investors an avenue to gain exposure to XRP if approved.

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.