The growing interest in crypto-backed exchange-traded funds (ETFs) has investors asking: when will XRP ETF be released? This is a popular question amid the rapid evolution of the cryptocurrency environment, especially after the launch of Bitcoin ETFs in the US and discussions about potential Ethereum ETFs. In this article, you’ll get a straightforward explanation of what’s happening with an XRP ETF, the challenges it faces, and what to watch for in the future.
XRP is the native token of the XRP Ledger, a blockchain designed for fast, low-cost international payments. Unlike buying XRP on a typical exchange, an XRP ETF (Exchange-Traded Fund) would allow traditional investors to gain exposure to XRP through regulated stock market platforms without directly owning the tokens.
Key benefits of an XRP ETF:
Investor interest in an XRP ETF traces back to several factors:
The launch of any crypto ETF in the US must be approved by the Securities and Exchange Commission (SEC). As of Q2 2024, no XRP ETF has been released or formally proposed in the United States. The SEC’s current focus remains on Bitcoin—spot BTC ETFs went live in January 2024, and Ethereum ETFs are under review but not yet approved.
Outside the US, markets like Canada and Europe have led the way in approving crypto ETFs. Some analysts speculate that more experimental jurisdictions could entertain listing an XRP ETF sooner, but there is no official timeline from major global exchanges yet.
Table: Status of Crypto ETFs by Asset Class (US Market, 2024)
| Asset | Spot ETF Approved? | Futures ETF Approved? | |-------------|--------------------|-----------------------| | Bitcoin | Yes (Jan 2024) | Yes | | Ethereum | Under Review | Yes | | XRP | Not Proposed | No | | Solana | Not Proposed | No |
Infographic: Stages for ETF Approval in the US
As of now, there are no filed applications or SEC approvals for an XRP ETF scheduled in 2024. Industry experts emphasize that a resolution of the ongoing Ripple-SEC litigation is likely required first.
The approval of an XRP ETF could:
Some European ETF issuers have launched ETPs (exchange-traded products) tracking the value of XRP, but these are not ETFs in the traditional US sense. The regulatory landscape in Asia and Europe is evolving, and crypto-backed funds remain a closely monitored sector (ETC Group, 2023).
If you’re tracking when the XRP ETF could be released, here are actionable steps:
Comparing XRP ETF to Existing Bitcoin and Ethereum ETFs:
| Feature | Bitcoin ETF | Ethereum ETF | Prospective XRP ETF | |----------------|-------------------|-------------------|-------------------------| | Approval Status| Approved (US) | Pending (US) | Not yet proposed (US) | | Legal Clarity | Higher | Moderate | Low (pending litigation)| | Main Exchange | NYSE, Nasdaq | TBD | TBD | | Potential Demand| Very High | High | Moderate to High |
Understanding when will XRP ETF be released is crucial for market participants who want access to one of the most used crypto payment networks in a regulated way. While there’s no confirmed date or imminent launch for an XRP ETF in the US or most global markets, several factors could accelerate this timeline—most notably a legal resolution for Ripple and growing mainstream demand for crypto investment products.
Here’s how you can stay ahead:
If you’re keen on new crypto ETF listings, add XRP to your watchlist, monitor headlines, and be ready to act once regulatory conditions improve. For now, XRP remains available for trading on top exchanges and can be stored securely until ETF access becomes a reality.