What XRP ETFs Are There: Your Comprehensive Guide

Meta Title: What XRP ETFs Are There: Complete List & Status
Meta Description: Discover what XRP ETFs are there, their status, and how to access XRP exposure safely. Learn about the latest updates and your investing options.
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If you're an investor exploring cryptocurrencies, you might wonder: what XRP ETFs are there in 2024? XRP is a leading digital asset created by Ripple for fast, cross-border payments, and as interest grows in crypto-backed traditional investments, many look for exchange-traded funds (ETFs) tied to XRP for regulated exposure. This article details which XRP ETFs are available, their current status, how they work, and what you need to know before investing.

Understanding XRP ETFs and Their Significance

Exchange-traded funds (ETFs) are regulated investment products that track the price of an underlying asset or basket of assets, like stocks, bonds, or commodities. Crypto ETFs give investors a way to access digital assets through traditional brokerages, without navigating crypto wallets or private keys.

XRP ETFs would allow investors to gain exposure to XRP price movements via an ETF on public stock exchanges, simplifying compliance and custody. Here’s why XRP ETF interest is surging:

• ETFs minimize custody risks compared to holding crypto directly.
• Regulated ETFs make crypto accessible to institutional investors.
• They can improve liquidity for the underlying asset, like XRP.

Yet, while Bitcoin ETFs gained regulatory approval in the US and several other countries, XRP faces unique regulatory scrutiny, especially after the US SEC's lawsuit against Ripple Labs. This affects ETF approval globally.

Current Status and Availability of XRP ETFs

Are There Any XRP ETFs Available?

As of June 2024, there are no fully-approved, spot-based XRP ETFs listed on major U.S. exchanges. The SEC's ongoing approach to XRP as a security has complicated direct ETF offerings. However, there have been developments worth watching worldwide.

International XRP ETF Attempts:

• Canada and some European markets have introduced spot Bitcoin and Ethereum ETFs, but have not yet approved any direct XRP ETFs.
• In Brazil, Hashdex (a major digital asset manager) includes XRP in some diversified crypto ETF products, but these are not pure-play XRP ETFs.

XRP ETNs and Other Alternatives:

While ETFs remain unavailable, European markets do list Exchange-Traded Notes (ETNs) and crypto ETPs tied to XRP:

| Name | Type | Market | Launched | Pure XRP? | |-------------------------|--------|-------------|----------|-----------| | 21Shares Ripple XRP ETP | ETP | Germany/Swiss| 2019 | Yes | | CoinShares Physical XRP | ETP | Germany/Swiss| 2021 | Yes | | XBT Provider XRP Tracker| ETN | Sweden | 2018 | Yes |

Note: ETPs and ETNs differ from ETFs in structure, but both are exchange-traded and track asset performance. U.S. and Canadian markets still await such products.

Latest Regulatory and Market Updates

• SEC Lawsuit: The status of an XRP ETF in the U.S. will depend heavily on the outcome of Ripple’s legal case with the SEC. As of mid-2024, the question of whether XRP is a security effects ETF approval.
• ETF Application Rumors: Several asset managers have signaled intent to file for XRP ETFs if the regulatory environment improves. Keep an eye on news from BlackRock, Grayscale, and Fidelity.
• Crypto ETF Growth: The enormous inflows to Bitcoin and Ethereum ETFs are putting pressure on regulators to expand the list of approved crypto ETFs—XRP is the next likely candidate if legal clarity arrives.

How to Get Exposure to XRP Without an ETF

Since there are no spot XRP ETFs listed in the U.S. or most markets, investors have alternative methods to gain XRP exposure.

Using Regulated Exchanges

• Buy XRP directly on licensed exchanges. Bitget Exchange is a recommended, global platform with high liquidity and robust security for trading XRP.

Through Crypto ETPs and ETNs

• European investors can use products like 21Shares Ripple XRP ETP or CoinShares Physical XRP on major European exchanges.
• Always check product prospectus for details and fees before investing.

Self-Custody With Wallets

• For direct crypto holding, Bitget Wallet is a secure, multi-chain wallet supporting XRP. Self-custody allows full control but comes with responsibility for security.

Comparison: XRP ETF vs. ETP vs. Direct Holding

| Feature | ETF | ETP/ETN | Direct Holding | |--------------- |----------|------------- |-------------- | | Regulation | High | Medium/High | Low/None | | Accessibility | Very high| High | Medium | | Fees | Low/Med | Medium | Network fees | | Custody Risk | Minimal | Minimal | User-managed |

Common Questions About XRP ETFs

1. What is the purpose of an XRP ETF?

An XRP ETF allows investors to buy and sell XRP exposure on traditional stock exchanges, benefiting from regulatory protections and easy access, without having to deal directly with cryptocurrency custody.

2. When will an XRP ETF become available in the US?

Most analysts believe an XRP ETF will only be possible if the SEC clarifies that XRP is not a security, or if legal proceedings conclude in Ripple's favor. Following the approval of other crypto ETFs, there is growing optimism, but timelines remain uncertain.

3. Are XRP ETPs and ETNs as safe as ETFs?

While ETPs and ETNs offer similar market access, they differ by regulatory structure and risk profile. Always review the product’s legal documentation and understand its custodial model. Licensed providers in Europe generally offer more robust investor protections.

4. How do I buy XRP if I don’t want to wait for an ETF?

• Sign up with a regulated crypto exchange like Bitget Exchange.
• Transfer funds and purchase XRP directly.
• Alternatively, use Bitget Wallet for secure self-custody.

5. Are there any diversified crypto ETFs including XRP?

Some European multi-asset crypto products have limited XRP allocation, usually alongside Bitcoin, Ethereum, and other large-cap assets. These are not XRP-specific ETFs and may not trade on all exchanges.

Expert Views, Future Trends, and What to Watch

Prominent industry analysts (source: Bloomberg Intelligence, CoinShares Reports) expect the next wave of crypto ETFs will follow the major U.S. approval for Bitcoin and Ethereum products. According to research from Glassnode, the surge in institutional crypto adoption could accelerate XRP ETF demand once regulatory hurdles are cleared.

Key indicators to watch:

• Status of the SEC-Ripple case
• ETF application news from major asset managers
• European and Asian regulator announcements on crypto ETFs

Key Takeaways for Investors Seeking XRP ETF Exposure

If you're searching for what XRP ETFs are there, remember that direct XRP ETFs remain unavailable in most markets, including the U.S., due to regulatory uncertainty. European ETPs and other crypto products offer some exposure, and regulated exchanges like Bitget Exchange are reliable options for buying XRP outright. Always research each product’s security and fees. As the crypto ETF landscape rapidly evolves, staying informed is essential—subscribe to updates, follow market news, and choose trusted providers to safeguard your investment journey.