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News XRP ETF: Here are the funds awaiting SEC approval so far
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5Mzg3NWYtZTQ2Yi03MWZiLThiNjMtOTI5MmFmM2IyOTBj.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5Mzg3NWYtZTQ2Yi03MWZiLThiNjMtOTI5MmFmM2IyOTBj.jpg" alt="XRP ETF: Here are the funds awaiting SEC approval so far"></p><p>American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States.<p>Franklin Templeton’s XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="null" target="null" text="null" title="null">XRP</a>) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/2059438/000113743925000181/s1.htm" rel="null" target="null" text="null" title="null">according</a> to an official filing with the US Securities and Exchange Commission on March 11.</p><p>On the same day, the SEC <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-delays-decision-xrp-solana-litecoin-dogecoin-etfs" rel="" target="_self" text="null" title="https://cointelegraph.com/news/sec-delays-decision-xrp-solana-litecoin-dogecoin-etfs">postponed decisions on multiple crypto ETF filings</a>, including Grayscale’s proposal to convert its XRP Trust into an ETF.</p><p>Despite the growing XRP ETF filing frenzy, BlackRock — issuer of the largest spot Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) ETF — has yet to submit a filing for an XRP-based product.</p><h2>Who has filed for an XRP ETF in the US?</h2><p>As of March 12, nine companies have filed for XRP ETF products in the US, including major issuers like Bitwise, ProShares, 21Shares and others.</p><p>Bitwise, one of the world’s largest crypto funds managers, was the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitwise-xrp-etf-filing-sec" rel="null" target="null" text="null" title="null">first firm to submit a Form S-1 filing</a> for an XRP ETF on Oct. 2, 2024.</p><figure><img src="https://s3.cointelegraph.com/uploads/2025-03/01958a4b-cde2-71da-a2c7-d31b863b43e4" title="" alt="XRP ETF: Here are the funds awaiting SEC approval so far"><figcaption style="text-align: center;"></figcaption></figure><p>Canary Capital subsequently followed, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/canary-capital-files-xrp-etf-bid-following-bitwise" rel="null" target="null" text="null" title="null">filing a Form S-1</a> for a similar product on Oct. 8, 2024.</p><p>Switzerland-based <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/xrp-etf-21shares-sec-listing-trading" rel="null" target="null" text="null" title="null">crypto investment firm 21Shares</a> and <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/wisdomtree-files-s-1-xrp-spot-etf-sec" rel="null" target="null" text="null" title="null">US ETF provider WisdomTree </a>also filed for XRP ETFs in late 2024, with filings coming in November and December, respectively.</p><p>Asset manager ProShares joined the XRP ETF race in 2025 by filing for several XRP ETF products with the SEC on Jan. 17, <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1174610/000168386325000202/f40468d1.htm" rel="null" target="null" text="null" title="null">including</a> the ProShares XRP ETF and <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1174610/000168386325000203/f40467d1.htm" rel="null" target="null" text="null" title="null">three</a> additional XRP investment products.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/vaneck-avalanche-etf-registration-delaware-avax-drops-55-ytd" rel="null" target="null" text="null" title="null"><em><strong>VanEck registers Avalanche ETF in US as AVAX drops 55% year-to-date</strong></em></a></p><p>Another XRP ETF filing <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/2048583/000121390025006543/ea0228579-s1_coinshares.htm" rel="null" target="null" text="null" title="null">came</a> from the European crypto investment firm CoinShares in January, with Grayscale proposing to <a data-ct-non-breakable="null" href="https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/rule-filings/filings/2025/SR-NYSEArca-2025-08.pdf" rel="null" target="null" text="null" title="null">convert</a> its XRP Trust into an XRP ETF trading on the New York Stock Exchange on Jan. 30.</p><p>Volatility Shares, a Florida-based financial services firm founded in 2019, also filed three XRP ETF products on March 7, including the Volatility Shares XRP <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1884021/000121390025021811/ea0233492-01_485apos.htm" rel="null" target="null" text="null" title="null">ETF</a>, the Volatility Shares 2x XRP <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1884021/000121390025021813/ea0233493-01_485apos.htm" rel="null" target="null" text="null" title="null">ETF</a> and the Volatility Shares -1x XRP <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1884021/000121390025021815/ea0233494-01_485apos.htm" rel="null" target="null" text="null" title="null">ETF</a>.</p><h2>Other filings featuring XRP ETFs</h2><p>Beyond dedicated XRP ETF filings, at least two asset managers have included XRP in broader crypto ETF products.</p><p>On Jan. 21, asset manager REX-Osprey <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1771146/000199937125000494/rexosprey-485apos_012125.htm" rel="null" target="null" text="null" title="null">filed</a> for an “ETF Opportunities Trust,” which includes seven ETFs tracking assets including major coins such as XRP and Bitcoin, as well as memecoins like Bonk (<a data-ct-non-breakable="null" href="/bonk-price-index" rel="null" target="null" text="null" title="null">BONK</a>) and Official Trump (TRUMP).</p><p>Similarly, Tuttle Capital Management submitted an ETF opportunities trust filing, including 10 daily target ETFs, covering assets such as XRP and Melania (MELANIA).</p><figure><img src="https://s3.cointelegraph.com/uploads/2025-03/01958a4b-d27c-7160-ada1-8104f0152750" title="" alt="XRP ETF: Here are the funds awaiting SEC approval so far"><figcaption style="text-align: center;"><p><em>ETF compositions in the ETF opportunities trusts by Tuttle Capital Management and REX-Osprey. Source: SEC</em></p></figcaption></figure><p>Aside from BlackRock, a number of crypto ETF providers have not yet filed for XRP ETFs, including Invesco, VanEck, ARK Invest, Fidelity Investments and Galaxy Digital.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/" rel="null" target="null" text="null" title="null"><em><strong>SEC’s U-turn on crypto leaves key questions unanswered</strong></em></a></p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template><p><br></p></p>
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<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5Mzg3NWYtZTQ2Yi03MWZiLThiNjMtOTI5MmFmM2IyOTBj.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5Mzg3NWYtZTQ2Yi03MWZiLThiNjMtOTI5MmFmM2IyOTBj.jpg" alt="XRP ETF: Here are the funds awaiting SEC approval so far"></p><p>American asset manager Franklin Templeton has entered the growing XRP exchange-traded fund (ETF) race, becoming the latest firm to file for a spot XRP ETF in the United States.<p>Franklin Templeton’s XRP (<a data-ct-non-breakable="null" href="https://cointelegraph.com/xrp-price-index" rel="null" target="null" text="null" title="null">XRP</a>) ETF is designed to track the performance of the XRP price, with XRP holdings stored at Coinbase Custody Trust, <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/2059438/000113743925000181/s1.htm" rel="null" target="null" text="null" title="null">according</a> to an official filing with the US Securities and Exchange Commission on March 11.</p><p>On the same day, the SEC <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/sec-delays-decision-xrp-solana-litecoin-dogecoin-etfs" rel="" target="_self" text="null" title="https://cointelegraph.com/news/sec-delays-decision-xrp-solana-litecoin-dogecoin-etfs">postponed decisions on multiple crypto ETF filings</a>, including Grayscale’s proposal to convert its XRP Trust into an ETF.</p><p>Despite the growing XRP ETF filing frenzy, BlackRock — issuer of the largest spot Bitcoin (<a data-ct-non-breakable="null" href="/bitcoin-price" rel="null" target="null" text="null" title="null">BTC</a>) ETF — has yet to submit a filing for an XRP-based product.</p><h2>Who has filed for an XRP ETF in the US?</h2><p>As of March 12, nine companies have filed for XRP ETF products in the US, including major issuers like Bitwise, ProShares, 21Shares and others.</p><p>Bitwise, one of the world’s largest crypto funds managers, was the <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/bitwise-xrp-etf-filing-sec" rel="null" target="null" text="null" title="null">first firm to submit a Form S-1 filing</a> for an XRP ETF on Oct. 2, 2024.</p><figure><img src="https://s3.cointelegraph.com/uploads/2025-03/01958a4b-cde2-71da-a2c7-d31b863b43e4" title="" alt="XRP ETF: Here are the funds awaiting SEC approval so far"><figcaption style="text-align: center;"></figcaption></figure><p>Canary Capital subsequently followed, <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/canary-capital-files-xrp-etf-bid-following-bitwise" rel="null" target="null" text="null" title="null">filing a Form S-1</a> for a similar product on Oct. 8, 2024.</p><p>Switzerland-based <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/xrp-etf-21shares-sec-listing-trading" rel="null" target="null" text="null" title="null">crypto investment firm 21Shares</a> and <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/wisdomtree-files-s-1-xrp-spot-etf-sec" rel="null" target="null" text="null" title="null">US ETF provider WisdomTree </a>also filed for XRP ETFs in late 2024, with filings coming in November and December, respectively.</p><p>Asset manager ProShares joined the XRP ETF race in 2025 by filing for several XRP ETF products with the SEC on Jan. 17, <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1174610/000168386325000202/f40468d1.htm" rel="null" target="null" text="null" title="null">including</a> the ProShares XRP ETF and <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1174610/000168386325000203/f40467d1.htm" rel="null" target="null" text="null" title="null">three</a> additional XRP investment products.</p><p><em><strong>Related: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/news/vaneck-avalanche-etf-registration-delaware-avax-drops-55-ytd" rel="null" target="null" text="null" title="null"><em><strong>VanEck registers Avalanche ETF in US as AVAX drops 55% year-to-date</strong></em></a></p><p>Another XRP ETF filing <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/2048583/000121390025006543/ea0228579-s1_coinshares.htm" rel="null" target="null" text="null" title="null">came</a> from the European crypto investment firm CoinShares in January, with Grayscale proposing to <a data-ct-non-breakable="null" href="https://www.nyse.com/publicdocs/nyse/markets/nyse-arca/rule-filings/filings/2025/SR-NYSEArca-2025-08.pdf" rel="null" target="null" text="null" title="null">convert</a> its XRP Trust into an XRP ETF trading on the New York Stock Exchange on Jan. 30.</p><p>Volatility Shares, a Florida-based financial services firm founded in 2019, also filed three XRP ETF products on March 7, including the Volatility Shares XRP <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1884021/000121390025021811/ea0233492-01_485apos.htm" rel="null" target="null" text="null" title="null">ETF</a>, the Volatility Shares 2x XRP <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1884021/000121390025021813/ea0233493-01_485apos.htm" rel="null" target="null" text="null" title="null">ETF</a> and the Volatility Shares -1x XRP <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1884021/000121390025021815/ea0233494-01_485apos.htm" rel="null" target="null" text="null" title="null">ETF</a>.</p><h2>Other filings featuring XRP ETFs</h2><p>Beyond dedicated XRP ETF filings, at least two asset managers have included XRP in broader crypto ETF products.</p><p>On Jan. 21, asset manager REX-Osprey <a data-ct-non-breakable="null" href="https://www.sec.gov/Archives/edgar/data/1771146/000199937125000494/rexosprey-485apos_012125.htm" rel="null" target="null" text="null" title="null">filed</a> for an “ETF Opportunities Trust,” which includes seven ETFs tracking assets including major coins such as XRP and Bitcoin, as well as memecoins like Bonk (<a data-ct-non-breakable="null" href="/bonk-price-index" rel="null" target="null" text="null" title="null">BONK</a>) and Official Trump (TRUMP).</p><p>Similarly, Tuttle Capital Management submitted an ETF opportunities trust filing, including 10 daily target ETFs, covering assets such as XRP and Melania (MELANIA).</p><figure><img src="https://s3.cointelegraph.com/uploads/2025-03/01958a4b-d27c-7160-ada1-8104f0152750" title="" alt="XRP ETF: Here are the funds awaiting SEC approval so far"><figcaption style="text-align: center;"><p><em>ETF compositions in the ETF opportunities trusts by Tuttle Capital Management and REX-Osprey. Source: SEC</em></p></figcaption></figure><p>Aside from BlackRock, a number of crypto ETF providers have not yet filed for XRP ETFs, including Invesco, VanEck, ARK Invest, Fidelity Investments and Galaxy Digital.</p><p><em><strong>Magazine: </strong></em><a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/sec-crypto-laws-unclear/" rel="null" target="null" text="null" title="null"><em><strong>SEC’s U-turn on crypto leaves key questions unanswered</strong></em></a></p><template data-name="subscription_form" data-type="markets_outlook" label="Subscription Form: Markets Outlook"></template><p><br></p></p>
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https://cointelegraph.com/news/xrp-etf-f...er_inbound