Ripple's RLUSD Recognition and XRP ETF Momentum
Source: X.com
The U.S. market saw a rapid succession of XRP exchange-traded funds in late 2025, with multiple issuers bringing spot and structured products to major exchanges. Asset managers launched a range of vehicles — from pure spot funds to income-focused strategies — including high-profile entries such as the Franklin XRP Trust, Bitwise’s XRP ETF, and several others that debuted across NYSE, Nasdaq, and Cboe in October–November 2025.
These launches created fresh institutional on‑ramps to XRP exposure, with some funds securing prominent tickers and fee waivers to attract early inflows. Market observers noted heavy initial trading volumes and a mix of spot and futures-based offerings that together broadened investor access to XRP through traditional brokerage accounts.
In parallel, Ripple achieved a regulatory milestone in the Middle East. On 27 November 2025, the Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) recognized Ripple USD (RLUSD) as an Accepted Fiat-Referenced Token, enabling its use by FSRA‑authorised firms within ADGM for activities such as trading, settlement, collateral, and treasury operations. Ripple described the designation as a validation of RLUSD’s compliance framework — including 1:1 USD backing, third‑party attestations, and NYDFS oversight — and said the approval supports enterprise use cases across the region.
Taken together, the U.S. ETF wave and ADGM’s RLUSD recognition signal a two‑front expansion: broader retail and institutional access to XRP in the U.S. and regulated stablecoin utility for institutional actors in the UAE. Both developments underscore growing regulatory engagement and product innovation around Ripple’s ecosystem, though they also introduce new liquidity dynamics and market risks for token holders and ETF investors.
Important: This summary is informational only and not financial or investment advice; crypto markets carry significant risk and readers should conduct their own due diligence before acting.
Grayscale Announces Launch of U.S.'s First XRP Trust Broadening Cryptocurrency Investment Horizons
On September 12, 2024, Greyscale set the cryptocurrency investment landscape abuzz with the announcement of the U.S.'s inaugural XRP Trust. This innovative "closed end" fund represents a significant milestone, as it will provide accredited investors with direct exposure to XRP trust, creating a new avenue for engaging with the digital asset market.
The introduction of the XRP Trust is poised to offer investors a secure and regulated channel to incorporate XRP into their portfolios, thereby diversifying their investment strategies and tapping into the potential of this prominent digital currency.
Grayscale's foray into offering direct exposure to XRP reflects the company's commitment to facilitating broader access to digital assets and capitalising on the increasingly prevalent role of cryptocurrencies in the financial sector.
With the launch of the XRP Trust, Grayscale continues to drive innovation in the cryptocurrency investment space, opening doors for accredited investors to participate in the dynamic and evolving world of digital currencies.
This move is anticipated to catalyse further advancements in cryptocurrency investment and furnish investors with new opportunities for engaging with digital assets.
SEC-Approved Ethereum Spot ETF Commences Trading In the US
In a significant development for the cryptocurrency market, the SEC has approved the launch of an Ethereum Spot ETF, which officially commenced trading on July 23, 2024. This event marks a pivotal moment in the mainstream adoption of digital assets. It reaffirms that blockchain technology will become a permanent fixture in the financial landscape.
Info Source: Coinbase X page
The approval of an Ethereum Spot ETF represents a major milestone, indicating increasing acceptance and recognition of cryptocurrencies within traditional financial systems. This move can potentially open new avenues for investors to gain exposure to the digital asset space through regulated and secure investment vehicles.
It is essential to note that the information provided here is intended for educational and informational purposes only and should not be construed as financial advice. As with any investment, individuals should conduct thorough research and consider consulting with a financial professional before making any decisions.