XRP News Today: Amplify Aims to Let Investors Bet on XRP—Without the Coin Itself

Amplify, a firm managing $12.6 billion in assets, has filed with the U.S. Securities and Exchange Commission (SEC) for the XRP Option Income ETF, a product designed to generate income through the sale of options on XRP ETFs. Unlike traditional spot ETF applications, this offering aims to provide synthetic exposure to XRP without directly holding the altcoin. The ETF would invest at least 80% of its net assets in financial instruments tied to the XRP price, including shares of XRP ETFs and ETF options. Amplify plans to list the fund on the Cboe BZX Exchange and anticipates it could begin trading in November 2025 [1].

The fund’s strategy involves a combination of purchasing call options and selling put options on XRP ETFs, with matching strike prices and expiration dates, or purchasing in-the-money call options. Amplify will allocate the remaining 20% of its assets to U.S. Treasuries, cash, or cash-like investments, aiming to manage risk while generating income from the options strategy. The firm has emphasized that the XRP Option Income ETF will not directly invest in XRP, distinguishing it from the spot ETF applications currently under SEC review [1].

As of now, there are 16 pending XRP ETF applications in the U.S., including seven spot ETF applications from major players such as Grayscale, 21Shares, Canary, Bitwise, WisdomTree, CoinShares, and Franklin Templeton. The overall crypto ETF landscape is also rapidly expanding, with a total of 92 crypto ETFs awaiting SEC approval, according to Bloomberg analyst James Seyffart. XRP and Solana are leading the pack in the number of filings, with Solana currently having eight and XRP seven applications under review [2].

The surge in ETF applications is occurring amid a tightening regulatory timeline, with the majority of these filings facing final deadlines in October 2025. Analyst Nate Geraci has suggested that the SEC’s potential approvals by this deadline could trigger significant demand for XRP ETFs, following the success of XRP futures and futures-based ETFs. This trend aligns with broader market expectations for increased institutional adoption of altcoin exposure [1].

Amplify’s move into XRP options-based ETFs underscores a growing trend of innovation within the crypto ETF space. The firm’s approach reflects a strategic effort to navigate the regulatory environment while providing investors with alternative ways to gain exposure to XRP. With 20 new crypto ETF applications added in just four months, the market is showing heightened anticipation for regulatory clarity, particularly around altcoins such as Solana and XRP [2].

Industry participants, including Grayscale and 21Shares, are also pursuing ETF conversions and new product registrations, further expanding the range of available crypto exposure. The SEC’s recent statements on liquid staking have provided some clarity, but the broader implications of ETF approvals on the altcoin markets remain a key focus for traders and institutional investors alike [2].

Source:

[1] $12B Amplify Files XRP Option Income ETF With SEC (https://coingape.com/12b-amplify-files-xrp-option-income-etf-with-sec/)

[2] 92 Crypto ETFs Now Await SEC Approval with Solana, XRP Leading Applications (https://finance.yahoo.com/news/92-crypto-etfs-now-await-130056606.html)