XRP ETF : Tidal Trust Files for Leveraged Long Fund — Wall Street’s Next Big Bet?

XRP ETF

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  • Tidal Trust II filed with the SEC for a leveraged long XRP ETF.
  • Product offers 150–200% daily exposure plus income strategies.
  • Regulatory shifts and strong demand boost XRP’s institutional appeal.

The XRP market is seeing renewed momentum as Wall Street takes another step into altcoins. Tidal Trust II has officially filed with the US Securities and Exchange Commission (SEC) to launch a leveraged long XRP ETF, signaling broader institutional interest beyond Bitcoin and Ethereum.

A Bold New XRP ETF Filing

The proposed fund, called the Defiance Leveraged Long + Income XRP ETF, would offer investors 150–200% leveraged exposure to XRP’s daily price movements. It also incorporates an options-based income strategy designed to generate steady returns while amplifying XRP exposure. While the product primarily targets long-term growth, investors could also benefit from income generation.

The filing also included a leveraged Solana ETF, underscoring a shift in Wall Street-backed crypto funds toward diversification beyond Bitcoin and Ethereum.

Institutional Access to XRP Expands

For large investors such as pension funds and insurance firms, these products could provide regulated exposure to XRP without the need to trade on crypto exchanges. That convenience may translate into deeper liquidity and greater mainstream adoption for the coin.

Recent demand supports this trend. Earlier this year, NYSE Arca approved Teucrium’s 2x Long Daily XRP ETF, which quickly attracted more than $284 million in assets and surpassed $400 million by August—highlighting strong appetite for leveraged XRP investment products.

Community Reactions and Market Outlook

Not everyone is focused solely on ETFs. Crypto lawyer Bill Morgan noted that while firms like Tidal Trust II push innovative XRP-linked products, the community should also watch fundamentals, such as XRP’s potential to overtake Cardano, which still maintains a $13 billion market cap lead.

At the regulatory level, optimism is also growing. The SEC recently removed Ripple’s five-year fundraising cap, enabling unlimited accredited investor participation, while Chair Paul Atkins suggested that “very few” tokens should be classified as securities. His Project Crypto initiative aims to modernize securities laws for blockchain markets, further signaling regulatory softening.

With multiple leveraged ETFs now in play and regulatory momentum shifting, XRP is moving closer to mainstream institutional adoption. If demand mirrors earlier ETF launches, the coming months could be pivotal for XRP’s market growth.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

Also Read: XRP ETF Approval Could Come by October 2025 as SEC Nears Final Decision