Roundhill files XRP ETF application with the SEC, marking a significant legal milestone.

2025-12-31 09:31:37

Roundhill Investments, a US-based ETF issuer, has filed an updated registration with the U.S. Securities and Exchange Commission related to an ETF linked to XRP. The amended filing, submitted on 12/30/2025, applies to the XRP Covered Call Strategy ETF under Rule 485.

This move indicates that XRP has been recognized as an eligible underlying asset in managed ETF strategies, marking a significant step forward in its integration into traditional finance. However, investors should note that this is not a spot XRP ETF, and the fund does not directly hold XRP tokens.

Instead, the fund is designed to generate income from options premiums related to other XRP ETFs, focusing on price volatility rather than asset ownership. Notably, the filing clearly states that the update is solely to delay the fund’s launch date, and does not alter the operational structure—indicating that the issue is not with approval, but with the timing of deployment.

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