XRP ETF

Definition ∞ An XRP ETF, or Exchange Traded Fund, would be an investment product that holds XRP, the digital asset associated with Ripple, and trades on traditional stock exchanges. This type of fund would allow conventional investors to gain exposure to XRP’s price movements without directly purchasing and storing the digital asset themselves. It would provide a regulated and accessible vehicle for indirect investment. The structure aims to simplify access for institutional and retail investors.
Context ∞ The potential approval of an XRP ETF is a subject of considerable speculation and market interest, heavily dependent on the ongoing regulatory classification of XRP. Discussions center on whether XRP will be deemed a security by financial regulators, which directly impacts its eligibility for such investment products. News regarding legal proceedings involving Ripple and regulatory guidance on digital asset ETFs provides crucial context for understanding the likelihood and timing of an XRP ETF’s introduction.