Based on an SEC submitting, Amplify — an asset supervisor overseeing $12.6 billion — has submitted paperwork for an XRP Option Income ETF that it plans to checklist on the Cboe BZX Exchange and begin buying and selling in November.
Rather than shopping for XRP outright, the fund seeks market publicity by holding ETFs that observe XRP and by writing choices to generate yield.
Amplify Seeks An Options-Based XRP Play
The submitting outlines the fund’s composition. A minimal of 80% of the portfolio might be invested in devices tied to XRP’s worth, together with shares of XRP ETFs and choices written on these ETF shares.
The different 20% might be allotted to US Treasuries, money, or related short-term devices. The fund intends to make use of possibility contracts to construct artificial publicity — as an illustration, pairing purchased calls with bought places at equivalent strikes and expirations, or shopping for in-the-money calls.
That association is designed to supply regular possibility premium earnings from promoting choices on ETFs referencing XRP.
Futures Action Suggests Demand
Analysts look to futures markets for indications of investor demand. CME XRP futures and futures-linked ETFs have had momentum previously, indicating there’s demand.
Nate Geraci, president and chairman of The ETF Store, has been projecting approvals might unleash excessive ranges of curiosity in XRP merchandise, likening the inflows to what occurred with Bitcoin futures-linked ETFs.
Look at all the crypto ETF filings on the market…@JSeyff doing God’s work monitoring these.
What I imply by “crypto ETF floodgates about to open quickly”. pic.twitter.com/9tpcrtnQjm
— Nate Geraci (@NateGeraci) August 28, 2025
Big capital flows adopted the introduction of Bitcoin futures ETFs, and some market observers anticipate related flows for different tokens if entry to identify ETFs widens.
Indirect Exposure, Different Risks
Because the fund gained’t maintain the token immediately, buyers would achieve oblique publicity to cost swings in XRP by ETF shares and by-product methods moderately than direct token custody.
That contrasts with the spot ETF bids presently pending with the SEC. Amplify’s construction could entice buyers chasing possibility premium whereas avoiding the operational and custody points tied to holding XRP immediately.
NEW: Here is an inventory of all of the filings and/or functions I’m monitoring for Crypto ETPs right here within the US. There are 92 line gadgets on this spreadsheet. You will virtually actually must squint and zoom to see however greatest I can do on right here pic.twitter.com/lDhRGEQBoW
— James Seyffart (@JSeyff) August 28, 2025
Regulatory Backdrop And A Crowded Queue
Reports present Amplify’s submitting raises the tally of XRP ETF functions within the US to 16. Among these are seven spot ETF bids from Grayscale, 21Shares, Canary, Bitwise, Wisdomtree, CoinShares, and Franklin Templeton.
There are a minimum of 96 crypto-related ETF filings with the SEC general, in response to Bloomberg analyst James Seyffart.
Market contributors are watching an October deadline intently, with some anticipating the company to rule on a number of proposals round that point.
Featured picture from Pexels, chart from TradingView

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