What Is An XRP Spot ETF? What Crypto Investors Should Know

When the U.S. approved its first spot Bitcoin and Ether exchange-traded funds (ETFs) on January 10, 2024, trading volume was huge, a signal that mainstream investors were eager to access crypto through the brokerage accounts they already use. The growth of the Ethereum and Bitcoin ETFs has shifted attention to the next likely candidate: XRP, the payments-oriented digital asset created in 2012. Franklin Templeton’s proposed XRP spot ETF now sits before the Securities and Exchange Commission (SEC), which must issue a first-deadline…

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