The post CoinShares Files XRP ETF to List on Nasdaq, But Price Dips 4% appeared on BitcoinEthereumNews.com. CoinShares files an XRP ETF to list on Nasdaq under the ticker XRPL The ETF will hold XRP and track the Compass Crypto Reference Index Public companies hold $11.5 billion in XRP, showing institutional confidence CoinShares is moving to offer U.S. investors regulated access to XRP by filing to list the CoinShares XRP ETF on Nasdaq under the ticker XRPL. The ETF will provide shares that reflect the value of XRP, the cryptocurrency native to the XRP Ledger blockchain. How the ETF Works The ETF, called the CoinShares XRP Trust, will hold XRP and track the Compass Crypto Reference Index 4pm New York XRP, minus the fund’s fees and expenses. Each share represents a fraction of the XRP held in the fund. Shares will be traded under the ticker XRPL. Investors can buy and sell through their brokers. Authorized financial firms, called Authorized Participants, will create and redeem shares in blocks of 5,000, either by delivering XRP or cash. An affiliate of CoinShares, Valkyrie Funds LLC, purchased initial “Seed Shares” using XRP. These shares will support liquidity when the ETF starts trading. Related: XRP Finds Its Floor at $2.42, Needs $2.74 to $2.83 to Aim for $3.30 Institutional Confidence Public companies have quietly accumulated $11.5 billion worth of XRP in their corporate treasuries. Firms like SBI Holdings are treating XRP as digital gold. The large-scale holdings suggest that some institutions have confidence in XRP’s long-term prospects, even amid market volatility. Regulatory Timing XRP ETFs could expand access to the digital asset. ETFs make it easier for traditional investors and institutions to buy XRP without holding the tokens directly. The U.S. Securities and Exchange Commission (SEC) is set to rule on several spot XRP ETF applications. Decisions were originally expected between October 18 and October 25, 2025, but a recent government… The post CoinShares Files XRP ETF to List on Nasdaq, But Price Dips 4% appeared on BitcoinEthereumNews.com. CoinShares files an XRP ETF to list on Nasdaq under the ticker XRPL The ETF will hold XRP and track the Compass Crypto Reference Index Public companies hold $11.5 billion in XRP, showing institutional confidence CoinShares is moving to offer U.S. investors regulated access to XRP by filing to list the CoinShares XRP ETF on Nasdaq under the ticker XRPL. The ETF will provide shares that reflect the value of XRP, the cryptocurrency native to the XRP Ledger blockchain. How the ETF Works The ETF, called the CoinShares XRP Trust, will hold XRP and track the Compass Crypto Reference Index 4pm New York XRP, minus the fund’s fees and expenses. Each share represents a fraction of the XRP held in the fund. Shares will be traded under the ticker XRPL. Investors can buy and sell through their brokers. Authorized financial firms, called Authorized Participants, will create and redeem shares in blocks of 5,000, either by delivering XRP or cash. An affiliate of CoinShares, Valkyrie Funds LLC, purchased initial “Seed Shares” using XRP. These shares will support liquidity when the ETF starts trading. Related: XRP Finds Its Floor at $2.42, Needs $2.74 to $2.83 to Aim for $3.30 Institutional Confidence Public companies have quietly accumulated $11.5 billion worth of XRP in their corporate treasuries. Firms like SBI Holdings are treating XRP as digital gold. The large-scale holdings suggest that some institutions have confidence in XRP’s long-term prospects, even amid market volatility. Regulatory Timing XRP ETFs could expand access to the digital asset. ETFs make it easier for traditional investors and institutions to buy XRP without holding the tokens directly. The U.S. Securities and Exchange Commission (SEC) is set to rule on several spot XRP ETF applications. Decisions were originally expected between October 18 and October 25, 2025, but a recent government…

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