What’s interesting is that last month’s SEC documents repeatedly mentioned XRP-related ETF filings. First, Kurv submitted an enhanced-yield XRP ETF, and then GraniteShares followed immediately with leveraged XRP products—3x long and 3x short.



I know everyone is looking forward to a spot XRP ETF, but honestly, the mere appearance of these filings already says a lot. This isn’t just a few fund companies making random moves; it reflects that XRP has already deeply entered the institutional product spotlight. Once an asset becomes part of this level of discussion, the market can no longer pretend it’s not important.

From the SEC’s perspective, these varied XRP product filings show that institutional demand for this asset is genuinely there. Whether or not a spot ETF is approved quickly in the end, the process itself is reshaping how XRP is perceived in traditional finance. Institutional investors wouldn’t pay attention without reason, and the SEC is also gradually building a framework for understanding the XRP ecosystem through these filings.

In other words, XRP is no longer that marginalized project.
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