Nine XRP ETF Applications Filed, Paving Way for Institutional Adoption

A wave of momentum is building in the cryptocurrency space as nine prominent asset management firms have submitted applications for XRP-based exchange-traded funds (ETFs). This potential landmark shift could redefine XRP’s market trajectory and propel it into the mainstream. If approved, these ETFs could be a significant step towards increasing institutional interest in XRP, ultimately boosting its adoption within finance. Several industry insiders believe approvals could come as early as May 2025.