Top 6 Players in the XRP ETF Race

Krutika Adani

Grayscale

The latest entrant in the US XRP ETF space, Grayscale, filed an S-1 application on Jan 31, 2025, requesting the SEC to convert its XRP Trust into an ETF.

WisdomTree

Filed for an XRP ETF on Dec 2, 2024, after a previous rejection by the SEC. The company already issues ETFs for Bitcoin and Ethereum.

Canary Capital

Entered the XRP ETF race with an S-1 filing on Oct 8, 2024. It also has an active Solana ETF application, filed on Oct 30, 2024.

Coinshares

The most recent applicant filing on Jan 24, 2025. Coinshares is active in the ETF space with Solana and Bitcoin ETFs in the UK and US.

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