A new milestone is approaching for XRP investors as May 21, 2025, has been confirmed as the official launch date for the Tuttle Capital 2X Long XRP Daily Target ETF. This update was shared by crypto analyst JackTheRippler through a post on X, drawing strong interest from the XRP community.
The upcoming ETF is structured to offer twice the daily returns of XRP’s market performance. It uses leveraged financial instruments, including swaps, options, and XRP-focused exchange-traded products.
This makes the fund suitable for experienced traders who seek amplified exposure to XRP’s short-term price movements.
Tuttle Capital’s ETF is part of a larger group of ten leveraged crypto products filed with the U.S. Securities and Exchange Commission. These funds also include exposure to assets like Solana, Cardano, and politically themed memecoins such as TRUMP and MELANIA.
XRP’s inclusion underlines the asset’s growing importance in institutional investment strategies.
🚨BREAKING: The launch of Tuttle Capital #XRP ETF is finally set for Wednesday, May 21, 2025! pic.twitter.com/dDL07uSn5o
— JackTheRippler ©️ (@RippleXrpie) May 8, 2025
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May 21 Launch Signals Key Moment for XRP Market Participation
The scheduled launch comes at a time when interest in XRP ETFs is steadily rising. The SEC has already approved ETFs for Bitcoin and Ethereum, and several XRP ETF applications are still awaiting decisions. Delays on filings from Grayscale and Bitwise have fueled expectations of an imminent shift in regulatory stance.
Ripple CEO Brad Garlinghouse recently expressed confidence in the eventual approval of XRP ETFs. He proposed that XRP should be considered for inclusion as strategic crypto reserves, and this was to become more relevant in national and institutional planning.
As anticipation builds, XRP continues to show stable market activity, currently trading at $2.25 with an intraday range between $2.11 and $2.26. Market participants expect XRP to become more volatile as the ETF launch date nears, which could lead to higher trading volume.
The specification of May 21 as the date for the launch of the Tuttle Capital XRP ETF is a pivotal step for the leveraged crypto investment products. The market interest is swelling, and with the regulatory environment slowly tending in its favor, this has positioned it for further intrigue from both traders and institutional investors.
Also Read: 300,000,000 XRP to Unknown Address? Here’s What Happened
