- Tidal Trust II files leveraged XRP ETF with SEC.
- 150-200% daily price exposure proposed.
- Potential boost in XRP liquidity and market volume.
Tidal Trust II has filed a registration statement with the U.S. SEC for the Defiance Leveraged Long + Income XRP ETF, seeking to offer leveraged exposure to XRP’s daily price movements.
This ETF marks a significant expansion into altcoin investments, potentially increasing XRP’s liquidity and impacting the broader cryptocurrency market.
Tidal Trust II has filed a registration with the SEC for the Defiance Leveraged Long + Income XRP ETF. The ETF seeks 150–200% exposure to daily XRP price changes, marking an expansion in institutional crypto products outside Bitcoin and Ethereum.
This filing involves Tidal Trust II, a registered ETF sponsor, and Defiance ETFs. The proposal includes an options-based income strategy to mitigate leverage risk, enhancing portfolio structure. No public statements from company leaders or Ripple executives have emerged.
The ETF targets institutional investors, potentially affecting pension funds and insurers. This might increase XRP’s trading volume and liquidity, influencing the broader market. The proposal remains under regulatory review, with no immediate decisions reported.
The application may shift market dynamics with heightened interest in altcoin ETFs. The SEC’s recent regulatory adjustments may foster more capital flow into tokenized assets. This aligns with ongoing efforts to integrate crypto into traditional investment frameworks.
Historical trends illustrate significant inflows into crypto ETFs post-approval. Volatility and trading volumes typically rise following such announcements. The leveraged XRP product could follow similar precedents, prompting scrutiny from institutional stakeholders.
Financial projections suggest a positive response given past XRP product launches. The ETF could offer new opportunities for institutional access to altcoins, underlining the growing demand for alternative cryptocurrency investments amid market evolution.
Sylvia Jablonski, CEO, Defiance ETFs, “The development of a leveraged XRP ETF showcases a pivotal expansion of institutional tools in the crypto market, aligning with growing demands for diverse investment avenues beyond Bitcoin and Ethereum.”
