The US company’s management company Franklin Temple will participate in the ETFS race on the XRP in the United States.
The product is designed to copy the XRP price performance. These participants will be placed in the CoinBase Costi Trust, an official document submitted to the Securities and Exchange Commission (SEC) on March 11.
However, the same day, the century postponed decisions on various requests for ETF related to crypto currencies, including the Grace Scale’s proposal to convert its XRP Trust into ETF.
Despite the growing interest of the XRP, Blackrock -BitCoin (BTC), the largest ETF issuer on the spot – has not yet submitted an ETF application on the basis of cryptocurrency.
Who submitted an ETF request on the XRP in the United States?
As of March 12, nine companies have already filed applications for ETFS on the XRP in the United States, including key broadcasters such as BetWise, Proshares and 21 shares.
The Swiss company invested 21 shares of crypto currency company and the US supplier of ETF Visitman also filed applications in November and December at the end of 2024, respectively.
In January 2025, Prashars also threw himself into the field, submitted four different applications for the product concentrated on the XRP, including the Prosaires XRP etf.
In addition, in January, European company Quoseris also requested ETF on the XRP, while the Gray Scale proposed to convert its XRP Trust to ETF at the New York Stock Exchange at the end of the month.
Finally, on March 7, a financial service company based in Florida, volatility shares submitted three applications for ETFS on the XRP: Volatility XRP ETF, Voices Shares 2x XRP ETF and Voices Shares -1x XRP etf.
Other products including XRP
In addition to ETFS, exclusively dedicated to XRP, at least two Petrameonal Managers have added cryptocurrency to a wide ETF product.
On January 21, Rex Ospeare requested approval for the ETF Opportunity Trust, which includes seven ETFs based on assets such as XRP and Bitcoin, as well as Memocenne such as Bonak (Bunk) and official Trump (Trump).
Titl Capital Management also submitted a similar request: a trust containing ten ETFs, which includes an XRP and one Melania (Melania).
Trusts presented by Tel Capital Management and Rex Onspare. Source: seconds
In addition to Blackrock, several other ETF Crypto suppliers have not yet applied for ETF on XRP, including Invasco, Vanc, Arc Investment, Federation Investment and Galaxy Digital.
