This week, the crypto market welcomes significant news - REX Shares plans to launch the first Spot Ripple (XRP) ETF in the United States, with the code XRPR, which may be listed concurrently with the company's DOGE ETF. This move could not only change the investment landscape for XRP but also draw attention once again to whether Elon Musk will include Ripple as a payment option on X (formerly Twitter).
The first Spot XRP ETF in the United States is about to launch
Issuer: REX Shares and Osprey Funds
Product Features:
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Follow XRP Spot price
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80% of assets are invested in XRP and related assets.
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At the same time, allocate some Bitcoin and Ethereum related ETFs.
Regulatory Differences:
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Registered under the Investment Company Act of 1940
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Due to the inclusion of other encryption assets, Bloomberg analysts believe it does not belong to a “pure Spot” product.
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Listing time: Not officially announced, analysts speculate it will be launched as early as this Thursday.
This is not REX's first move to seize the market—back in July this year, they took the lead in launching the first Solana Staking ETF (SSK) in the United States, allowing investors to directly participate in SOL staking and earn rewards.
Will Musk choose XRP as the payment method for X?
Market expert Joshua Dalton believes that Musk may choose XRP for X payments instead of DOGE.
Reason one: The political stance of the Trump family is opposed to encryption.
Reason 2: The Trump family is actively promoting the Bitcoin treasury and BTC ETF, while there are differences between the XRP and BTC communities.
Reason 3: Choosing XRP can gain advantages in payment efficiency and cross-border settlement.
However, Musk has remained silent on the XRP issue in the past, instead publicly supporting DOGE multiple times, and has referred to “Bitcoin” as his “safe word.”
X Payment Ecosystem: XRP, DOGE or Stablecoins?
According to foreign media reports, the X team is in talks with payment companies like Stripe, planning to integrate stablecoins into X Money to reduce transaction costs and optimize cross-border payments.
Stablecoin advantages: price stability, suitable for daily payments
Potential Combination: Stablecoins as the foundational payment layer, XRP or DOGE as branded encryption payment options.
This means that even if Musk chooses to support XRP or DOGE, stablecoins may still become the core infrastructure for X payments.
Market Impact and Investment Observation
XRP ETF Launch: Expected to Attract Traditional Funds, Enhance Liquidity and Market Follow
Musk's payment choice: If X supports XRP, it will significantly expand its payment application scenarios.
Stablecoin Integration: Could Become a Key Driver for the Popularization of Crypto Payments
Conclusion
This week, XRP may simultaneously welcome the listing of an ETF and the suspense of a payment option from Musk, both of which are significant positives. Regardless of whether Musk ultimately chooses XRP, DOGE, or stablecoins, this battle over the future of crypto payments is bound to influence market sentiment and capital flow.
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