Cryptex Assigns 4.88% Weighting to XRP in Proposed ETF

Cryptex Finance's recent SEC filing has assigned XRP a 4.88% weighting in its proposed Digital Market Cap ETF.

The allocation is part of Cryptex's proposed Digital Market Cap ETF, which would track a diversified digital asset index and trade under the ticker BAGZ.

Ripple may retain more XRP from its monthly escrow releases if future US regulations become clearer, potentially allowing greater XRP availability to support liquidity needs for stablecoin and foreign-exchange pairs.

Cryptex's ETF filing puts spotlight on Ripple's escrow plans, specifically referencing language that suggests the company might keep more XRP from its monthly escrow releases. However, this claim remains unverified without direct comment from Ripple.