Amplify Investments files for SEC approval of an XRP ETF, joining 16 applications, signaling growing institutional interest in the cryptocurrency.
Amplify Investments filed for approval from the U.S. Securities and Exchange Commission (SEC) on Friday for a new exchange-traded fund (ETF) focused on XRP, the cryptocurrency linked to Ripple. The proposed ETF is called the Amplify XRP Monthly Option Income ETF. The purpose of the fund is to offer investors a method to gain income of XRP, along with seeking price appreciation. The fund will operate with what is called a covered call in order to produce revenue on the XRP holdings.
16 XRP ETF Applications Filed Amid Rising Investor Interest
This submission belongs to an even greater trend in several companies are seeking to develop XRP-based financial products. Other companies such as Grayscale, Bitwise, and 21Shares have also filed applications for ETFs based on XRP, in addition to other favored cryptocurrencies such as Litecoin, Solana and Dogecoin. These ETFs seek to provide a more convenient access to digital assets without possessing the cryptocurrencies
Related Reading: SEC Delays WisdomTree XRP ETF Decision Until October 2025 | Live Bitcoin News.
Bitcoin and Ethereum ETFs have proved to be a success in recent years. Investors have deposited billions of dollars in these financial products. The results of these ETFs have created a rise of interest in other cryptocurrencies such as XRP. Actually, 16 ETF applications of XRP have now been filed, seven of them of a kind of spot ETF filed by large asset managers. This indicates an increased XRP investment products.
Currently, the cost of XRP is at 2.82 as per CoinMarketCap. XRP ETF applications are lower than before, but they show confidence in the cryptocurrency’s future. Analysts think the SEC may approve them by October 2025. This approval could lead to more interest and investment in XRP.
The XRP breakout is something many investors are watching closely. XRP Ripple has gone through hardships such as legal disputes, yet it is still among the most used cryptocurrencies. This would shift in case the SEC gives the go-ahead on more XRP-based financial products. The products have the potential to make XRP a more widely used product by retail investors as well as institutional investors.
Grayscale and Others Revise XRP ETF Proposals for SEC Approval
Among the recent trends of growing interest in XRP, one can single out the recent action of Gumi, a Japanese game and blockchain firm. Gumi stated it had acquired XRP of 2.5 billion yen. This demonstrates that other firms beyond the financial industry are also paying attention to the potential of XRP. Gumi intends to leverage on XRP to enhance its blockchain activities and cross-border payment systems.
On August 22, 2025, seven massive asset managers submitted revised applications to the SEC for spot XRP ETFs. Such companies are Grayscale, CoinShares, Franklin Templeton, and others. The amendments show that these companies tried to address issues raised by the SEC about how XRP ETFs would be constructed and redeemed. Such attempts are an indication that more XRP ETFs can be accepted by the SEC soon.
The cryptocurrency would take a giant step by XRP ETFs. People would find it easier to invest in XRP and not necessarily need to purchase and keep the coins directly. It may also bring more institutional investors seeking safer methods of investing in cryptocurrencies.
To sum up, the Amplify Investments filing indicates the increased interest in XRP and its potential in the future. With more companies such as Gumi and big asset managers engaging in using XRP, the cryptocurrency is expected to gain more roles in the financial sector.
