Crypto & Blockchain Daily Brief Monday, April 28, 2025

A futures-based XRP exchange-traded fund (ETF) is potentially launching next week as the demand for cryptocurrency ETFs continues to rise. This new product is set to be introduced by Valkyrie Digital Assets, a Texas-based investment firm that already offers ETFs for Bitcoin and Ethereum. The introduction of a futures-based XRP ETF comes at a time when the U.S. Securities and Exchange Commission (SEC) is still reviewing several applications for spot-based cryptocurrency ETFs. The approval of a futures-based XRP ETF could potentially pave the way for spot-based ETFs to be approved in the future. Valkyrie Digital Assets has been actively working to expand its offerings in the cryptocurrency space, with a focus on providing investors with a wide range of options to gain exposure to digital assets. The firm's decision to launch an XRP ETF demonstrates its commitment to meeting the growing demand for cryptocurrency investment products. The launch of a futures-based XRP ETF could attract a new wave of investors looking to capitalize on the potential growth of the digital asset. XRP has been gaining traction in the cryptocurrency market, and an ETF based on its futures could provide investors with a new way to participate in its performance. Overall, the potential launch of a futures-based XRP ETF by Valkyrie Digital Assets next week signals a growing interest in cryptocurrency investment products and could open up new opportunities for investors looking to diversify their portfolios with digital assets.