Definition ∞ XRP Spot ETFs are exchange-traded funds that would directly hold XRP, the native digital asset of the Ripple network, allowing investors to gain exposure to its price movements without directly owning the cryptocurrency. These financial products would trade on traditional stock exchanges, offering a regulated and accessible investment vehicle for a broader investor base. The approval of such an ETF would represent a significant milestone for XRP’s institutional acceptance. It would bridge traditional finance with the digital asset market.
Context ∞ The potential approval of XRP Spot ETFs is a topic of considerable discussion within the digital asset investment community, contingent on regulatory clarity and market demand. The legal status of XRP has been a primary barrier, and ongoing legal proceedings significantly influence the prospects for such investment products. A positive regulatory outcome could substantially increase XRP’s liquidity and investor appeal.
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