New XRP ETF Proposal Filed: Amplify Investments Aims for Market Access

Amplify Investments has filed another proposal for a new XRP exchange-traded fund (ETF), aiming to bring investors closer to the Ripple-linked cryptocurrency’s price action. Unlike other similar products, this one will not directly hold XRP tokens, but rather invest in ETFs that track their spot price. Investors gain exposure by selling call options on these XRP ETFs, typically offering a premium of up to 10% above the current market value.