What Is an XRP ETF?

An XRP ETF is an exchange-traded fund that tracks the price of XRP. These funds trade on regulated stock exchanges such as the New York Stock Exchange or Nasdaq. Instead of buying XRP on a crypto exchange and holding it in a digital wallet, investors purchase ETF shares through a standard brokerage account.

XRP is the native digital asset of the XRP Ledger, an open-source blockchain originally developed by Ripple Labs. Ripple is a private company that uses XRP for cross-border payment services, but the token itself is independent of any single issuer.

XRP ETFs give investors a way to access this asset through familiar securities-market infrastructure. They offer exposure to XRP price movements without the need to manage private keys, seed phrases, or accounts on crypto-native platforms.

This opens the asset up to a broader audience, including brokerage app users, financial advisors, and institutions that can only allocate to securities registered under U.S. law.