XRP ETF：您需要了解的有关潜在点XRP ETF的所有信息

到现在为止，您可能听说过“ ETF”一词在加密货币世界中四处乱逛。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.

到现在为止，您可能听说过“ ETF”一词在加密货币世界中四处乱逛。它代表交易所交易基金。这是一种投资产品，使人们可以通过纽约证券交易所或纳斯达克等常规股票市场平台购买资产（例如比特币或黄金）。

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

那么，如果XRP得到一个有什么大不了的？

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的一个现场将使日常投资者和大型机构更容易获得XRP的曝光率，而无需购买，存储或管理加密货币。它对群众来说是简单而安全的。

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.

这就是为什么XRP现在受到如此关注的原因。经过多年的法律戏剧和监管障碍，2025年最终可能是XRP加入ETF俱乐部的一年。随着已经批准的比特币和以太坊ETF，XRP可能是下一个。这些标志看起来比以往任何时候都更有前途。

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.

大多数分析师的预测都将XRP ETF批准潜在的机会在75-85％的范围内。让我们分解预测在说什么，以及XRP的ETF的机会在今年年底必须得到批准。

Key highlights:

关键亮点：

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

XRP的法律斗争：现在在我们身后的障碍

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

多年来，XRP最大的障碍是其法律问题。

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，美国证券交易委员会（SEC）就波普尔提起诉讼，声称XRP是未注册的安全性。案件拖延了多年。它对XRP的未来产生了悠久的阴影，并害怕不想触摸任何在法律不确定性中绑定的东西的机构投资者。

But everything changed in July 2023.

但是2023年7月一切都发生了变化。

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.

那时，联邦法院裁定在公共交流上出售的XRP并不是安全。该决定并没有使Ripple取得全部胜利（一些机构销售仍被认为是违反证券的行为），但这对于XRP的更广泛的合法性而言是巨大的胜利。

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.

快进到2025年3月，情况变得更好。 SEC放弃了上诉，将Ripple的罚款从1.25亿美元减少到5000万美元，此案已正式关闭。就这样，加密货币最引人注目的战斗之一即将结束，XRP的价格飙升。

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.

这很重要，因为它消除了机构的最大危险信号。随着XRP的法律地位现在在美国的明确状态，最终有一个受监管的金融产品（例如ETF）前进的途径。

A new SEC, a new era for crypto

新的SEC，加密的新时代

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

有时，只需要改变整个音调的顶部。这正是2025年发生的事情。

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.

随着唐纳德·特朗普（Donald Trump）返回任职，SEC的领导层也发生了变化。加里·贡斯勒（Gary Gensler）（以严格的立场而闻名），在前SEC的专员保罗·阿特金斯（Paul Atkins）中，采用了更友好的加密货币友好的方法。

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）明确表示：他的手表下的SEC并不是在这里扼杀创新。用他自己的话说，当前的框架“非常需要关注”。该机构应与加密行业合作，而不是反对它。行动胜于雄辩。

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年初以来，SEC已对Coinbase和Kraken等主要加密交易所进行诉讼。这是监管策略的明显转变。 SEC现在没有违约，而是专注于为合规创建清晰的路径。

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.

这种新的态度已经获得了回报。 SEC在2025年初批准了现场比特币ETF，并迅速进行了以太坊ETF。这种势头给了整个加密货币空间的希望。 XRP可能是下一个受益的大牌。

XRP ETF filings: Who’s in the race?

XRP ETF文件：谁参加比赛？

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

XRP ETF竞赛正式开始。

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年下半年以来，一波资产管理者已经与Spot XRP ETF提案一起加入。我们不是在谈论小名字。它们包括：

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

所有这些都申请在美国启动基于XRP的资金。这是一个非常强烈的信号，表明机构的兴趣正在上升。

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.

一些公司甚至可以进一步提供更多异国情调的产品。 2025年4月，Teucrium在NYSE ARCA上推出了2倍杠杆ETF（股票：XXRP），标志着该国首个基于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.

杠杆产品很少能在标准的ETF之前到达，甚至彭博社的分析师也称其为“非常奇怪”。但是他们还说这表明SEC没有阻止XRP产品。

$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）在第一天的数量上看到了500万美元的体积，非常受人尊敬，特别是考虑到MKT条件。这使它处于新ETF的最高5％，约4倍