XRP ETF：您需要了解的有關潛在點XRP ETF的所有信息

到現在為止，您可能聽說過“ ETF”一詞在加密貨幣世界中四處亂逛。它代表交易所交易基金。

By now, you’ve probably heard the term “ETF” tossed around in the crypto world. It stands for Exchange-Traded Fund. It’s a type of investment product that lets people buy into an asset (like Bitcoin or gold) through regular stock market platforms like NYSE or NASDAQ.

到現在為止，您可能聽說過“ ETF”一詞在加密貨幣世界中四處亂逛。它代表交易所交易基金。這是一種投資產品，使人們可以通過紐約證券交易所或納斯達克等常規股票市場平台購買資產（例如比特幣或黃金）。

So, what’s the big deal if XRP gets one?

那麼，如果XRP得到一個有什麼大不了的？

Well, a spot XRP ETF would make it dramatically easier for everyday investors and big institutions to gain exposure to XRP without having to buy, store, or manage crypto themselves. It’s crypto made simple and safe for the masses.

好吧，XRP ETF的一個現場將使日常投資者和大型機構更容易獲得XRP的曝光率，而無需購買，存儲或管理加密貨幣。它對群眾來說是簡單而安全的。

That’s why XRP is getting so much attention right now. After years of legal drama and regulatory roadblocks, 2025 might finally be the year that XRP joins the ETF club. With Bitcoin and Ethereum ETFs already approved, XRP could be next in line. And the signs are looking more promising than ever.

這就是為什麼XRP現在受到如此關注的原因。經過多年的法律戲劇和監管障礙，2025年最終可能是XRP加入ETF俱樂部的一年。隨著已經批准的比特幣和以太坊ETF，XRP可能是下一個。這些標誌看起來比以往任何時候都更有前途。

Most analyst predictions are putting XRP ETF approval potential chances somewhere in the 75-85% range. Let’s break down what the predictions are saying and what chance XRP’s ETF has to be approved by the year’s end.

大多數分析師的預測都將XRP ETF批准潛在的機會在75-85％的範圍內。讓我們分解預測在說什麼，以及XRP的ETF的機會在今年年底必須得到批准。

Key highlights:

關鍵亮點：

XRP’s legal battle: The roadblock that’s now behind us

XRP的法律鬥爭：現在在我們身後的障礙

For years, XRP’s biggest hurdle was its legal problems.

多年來，XRP最大的障礙是其法律問題。

Back in 2020, the US Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, claiming that XRP was an unregistered security. The case dragged on for years. It cast a long shadow over XRP’s future and scared off institutional investors who didn’t want to touch anything tied up in legal uncertainty.

早在2020年，美國證券交易委員會（SEC）就波普爾提起訴訟，聲稱XRP是未註冊的安全性。案件拖延了多年。它對XRP的未來產生了悠久的陰影，並害怕不想觸摸任何在法律不確定性中綁定的東西的機構投資者。

But everything changed in July 2023.

但是2023年7月一切都發生了變化。

That’s when a federal court ruled that XRP sold on public exchanges isn’t a security. The decision didn’t give Ripple a total victory (some institutional sales were still considered securities violations), but it was a massive win for XRP’s broader legitimacy.

那時，聯邦法院裁定在公共交流上出售的XRP並不是安全。該決定並沒有使Ripple取得全部勝利（一些機構銷售仍被認為是違反證券的行為），但這對於XRP的更廣泛的合法性而言是巨大的勝利。

Fast-forward to March 2025, and things got even better. The SEC dropped its appeal, reduced Ripple’s fine from $125 million to $50 million, and the case was officially closed. Just like that, one of crypto’s most high-profile battles came to an end, and XRP’s price surged.

快進到2025年3月，情況變得更好。 SEC放棄了上訴，將Ripple的罰款從1.25億美元減少到5000萬美元，此案已正式關閉。就這樣，加密貨幣最引人注目的戰鬥之一即將結束，XRP的價格飆升。

This matters because it removes the single biggest red flag for institutions. With XRP’s legal status now clear in the US, there’s finally a path for regulated financial products (like ETFs) to move forward.

這很重要，因為它消除了機構的最大危險信號。隨著XRP的法律地位現在在美國的明確狀態，最終有一個受監管的金融產品（例如ETF）前進的途徑。

A new SEC, a new era for crypto

新的SEC，加密的新時代

Sometimes, all it takes is a change at the top to shift the entire tone. And that’s exactly what happened in 2025.

有時，只需要改變整個音調的頂部。這正是2025年發生的事情。

With Donald Trump returning to office, the leadership at the SEC also changed. Out went Gary Gensler (known for his strict stance on crypto), and in came Paul Atkins, a former SEC commissioner with a much more crypto-friendly approach.

隨著唐納德·特朗普（Donald Trump）返回任職，SEC的領導層也發生了變化。加里·貢斯勒（Gary Gensler）（以嚴格的立場而聞名），在前SEC的專員保羅·阿特金斯（Paul Atkins）中，採用了更友好的加密貨幣友好的方法。

Atkins has made it clear: the SEC under his watch isn’t here to stifle innovation. In his own words, the current framework “badly needs attention”. The agency should be working with the crypto industry, not against it. And actions speak louder than words.

阿特金斯（Atkins）明確表示：他的手錶下的SEC並不是在這裡扼殺創新。用他自己的話說，當前的框架“非常需要關注”。該機構應與加密行業合作，而不是反對它。行動勝於雄辯。

Since early 2025, the SEC has dropped lawsuits against major crypto exchanges like Coinbase and Kraken. It’s an obvious shift in regulatory strategy. Instead of defaulting to enforcement, the SEC is now focusing on creating clear paths for compliance.

自2025年初以來，SEC已對Coinbase和Kraken等主要加密交易所進行訴訟。這是監管策略的明顯轉變。 SEC現在沒有違約，而是專注於為合規創建清晰的路徑。

This new attitude has already paid off. The SEC approved spot Bitcoin ETFs in early 2025 and quickly followed up with Ethereum ETFs. That momentum gave hope across the whole crypto space. And XRP might be the next big name to benefit.

這種新的態度已經獲得了回報。 SEC在2025年初批准了現場比特幣ETF，並迅速進行了以太坊ETF。這種勢頭給了整個加密貨幣空間的希望。 XRP可能是下一個受益的大牌。

XRP ETF filings: Who’s in the race?

XRP ETF文件：誰參加比賽？

With legal clarity and a more open-minded SEC, the XRP ETF race is officially on.

XRP ETF競賽正式開始。

Since late 2024, a wave of asset managers has joined in with spot XRP ETF proposals. We’re not talking about small names. They include firms like:

自2024年下半年以來，一波資產管理者已經與Spot XRP ETF提案一起加入。我們不是在談論小名字。它們包括：

All of these have filed to launch XRP-based funds in the US. That’s a pretty strong signal that institutional interest is rising.

所有這些都申請在美國啟動基於XRP的資金。這是一個非常強烈的信號，表明機構的興趣正在上升。

Some firms are even going further with more exotic offerings. In April 2025, Teucrium launched a 2x leveraged XRP ETF (ticker: XXRP) on NYSE Arca, marking the first XRP-based ETF in the country.

一些公司甚至可以進一步提供更多異國情調的產品。 2025年4月，Teucrium在NYSE ARCA上推出了2倍槓桿ETF（股票：XXRP），標誌著該國首個基於XRP的ETF。

It’s rare for a leveraged product to arrive before a standard spot ETF, and even analysts at Bloomberg called it “very odd.” But they also said it shows the SEC isn’t blocking XRP products.

槓桿產品很少能在標準的ETF之前到達，甚至彭博社的分析師也稱其為“非常奇怪”。但是他們還說這表明SEC沒有阻止XRP產品。

$XXRP (2x XRP ETF) saw $5mil in volume on Day One, very respectable, esp considering the mkt conditions. That puts it in approx top 5% of new ETF launches, and about 4x what the

$ xxrp（2x XRP ETF）在第一天的數量上看到了500萬美元的體積，非常受人尊敬，特別是考慮到MKT條件。這使它處於新ETF的最高5％，約4倍