XRP Advances as Leading US Spot ETF Candidate

Ripple’s XRP is now the leading candidate among altcoins for a U.S. spot ETF, supported by its superior market liquidity, strong institutional interest, and a notable surge in exchange-traded product filings. Kaiko Research highlights that XRP has 10 active ETF applications, more than Solana, Litecoin, or Dogecoin, and maintains the deepest 1% market depth among its peers. Recent launches of leveraged XRP ETFs, such as Teucrium’s 2x Long Daily XRP ETF and ProShares’ upcoming futures-based funds, signal growing institutional momentum and market maturity. Despite recent market volatility, optimism remains high, with prediction markets now estimating up to an 80% chance of spot ETF approval by the end of 2025. Analysts predict potential inflows of up to $8 billion if a spot ETF is approved. Additional international investment products, like HashKey’s XRP Tracker Fund in Asia, further strengthen XRP’s position in the competitive crypto-ETF landscape.