XRP Sees Increased Exposure Through Proposed Fund Filings

Ripple's XRP token is gaining exposure through two proposed fund filings. The Cryptex Digital Market Cap ETF lists XRP at 4.36% of its index and 4.88% of fund assets.

The Teucrium 2x Short Daily XRP ETF has been delayed until October 11, but this does not affect the approval status or market launch.

Cryptex's proposed Nasdaq-listed, multi-asset crypto ETF follows the Cryptex Digital Market Cap Index and applies eligibility screens and reweighting rules to assets below 0.50%.