The race for crypto exchange-traded funds (ETFs) is heating up, and XRP is quickly becoming a focus for issuers. While regulatory uncertainty still clouds the broader crypto market, XRP ETF proposals are on the rise — a sign that institutional interest in the asset is growing fast.
XRP’s legal status became more favorable after a partial court win by Ripple against the U.S. SEC earlier this year. This has opened the door for financial firms to consider XRP as a legitimate candidate for spot ETFs, despite a lack of final regulatory clarity.
Institutional Interest Fuels ETF Hopes
Institutional demand is one of the strongest forces behind the growing number of XRP ETF proposals. Major players are watching XRP closely, thanks to its established infrastructure, strong global liquidity, and potential use cases in cross-border payments.
While Bitcoin and Ethereum have already secured their spot ETF pathways, XRP is becoming the next contender. The increasing interest reflects a broader trend of institutions looking to diversify their crypto exposure beyond the leading assets.
INSIGHT: Spot XRP ETF proposals are increasing while other crypto issuers remain on the sidelines due to regulatory clarity and institutional demand.
Regulatory Clarity Still a Roadblock for Many
Despite the momentum, regulatory ambiguity remains a barrier. While XRP has some clarity following the Ripple vs. SEC case, other crypto issuers are still hesitant to submit ETF applications. They prefer to wait until there is clear guidance from the SEC or other financial regulators.
Still, the increasing XRP ETF proposals suggest that some firms are willing to move forward in anticipation of future clarity — potentially giving them a first-mover advantage in a rapidly evolving market.