The race to launch the first US-listed XRP ETF is officially on, creating a seismic shift in the crypto investment landscape. With over $1.7 Trillion in collective assets under management (AUM) represented by the filings, the scale of institutional demand is staggering.
Currently, the market is divided. Live Futures ETFs from giants like ProShares and Volatility Shares offer immediate exposure, with ProShares leading at a massive $70B AUM. However, the real prize is the Spot XRP ETF, which holds the underlying asset directly. Over a dozen major issuers, including BlackRock's iShares, Franklin Templeton, and Grayscale, have pending applications, with final SEC deadlines concentrated in October 2025.
The diversity of products is remarkable, ranging from simple spot trusts to leveraged futures funds like the Teucrium 2x Long Daily XRP ETF. This influx signals a monumental step for XRP, promising to bridge the gap between traditional finance and digital assets, pending crucial regulatory green lights.
Published by Banx Network. This article is part of the Banx decentralized media programme, powered by the BXE token on the XRP Ledger.
