XRP Spot ETF

**No Results for XRP Spot ETFs with Benchmark is XRP**. However, the landscape for XRP spot ETFs is evolving with several firms having made filings or announcements related to XRP ETFs: 1. **BlackRock**: Has no immediate plans to file for a U.S. spot XRP ETF, citing insufficient institutional demand for XRP compared to bitcoin/ether, regulatory uncertainty, and competitive pressure from other XRP ETF applications. 2. **WisdomTree**: Has filed for a spot XRP exchange-traded fund (ETF) with the SEC, becoming the fourth company to seek approval for an XRP-based ETF in the U.S. The WisdomTree XRP Fund aims to offer investors exposure to the price of XRP through shares listed on the Cboe BZX Exchange. 3. **ProShares**: Filed for a spot XRP ETF in early 2025, indicating interest in the XRP market despite recent regulatory and legal shifts. 4. **Grayscale**, **Franklin Templeton**, and **21Shares**: Have also submitted applications for XRP ETFs, indicating a competitive landscape in the XRP ETF space. 5. **Bitwise**: Has been active in the XRP ETF space, with its XRP product, the Bitwise Physical XRP ETP (GXRP), which offers indirect access to XRP after acquiring the ETC Group earlier in the year. The introduction of XRP spot ETFs could significantly impact the market, potentially increasing XRP's market capitalization and attracting new investors. Analysts have predicted price ranges for XRP when the first wave of ETFs kicks in, with some speculating that XRP could be valued between $22 and $50, which would represent substantial price increases from current levels. However, the SEC's stance on approving XRP ETFs remains uncertain, and the outcome of these filings could influence XRP's future trajectory.