SEC Receives Filing For XRP Option ETF From $12-B Amplify

Based on an SEC filing, Amplify — an asset manager overseeing $12.6 billion — has submitted paperwork for an XRP Option Income ETF that it plans to list on the Cboe BZX Exchange and start trading in ￰0￱ than buying XRP outright, the fund seeks market exposure by holding ETFs that track XRP and by writing options to generate ￰1￱ Seeks An Options-Based XRP Play The filing outlines the fund’s composition. A minimum of 80% of the portfolio will be invested in instruments tied to XRP’s price, including shares of XRP ETFs and options written on those ETF ￰2￱ other 20% will be allocated to US Treasuries, cash, or similar short-term ￰3￱ fund intends to use option contracts to build synthetic exposure — for instance, pairing bought calls with sold puts at identical strikes and expirations, or buying in-the-money ￰4￱ arrangement is designed to produce steady option premium income from selling options on ETFs referencing ￰5￱ Action Suggests Demand Analysts look to futures markets for indications of investor ￰6￱ XRP futures and futures-linked ETFs have had momentum in the past, indicating there is ￰7￱ Geraci, president and chairman of The ETF Store, has been projecting approvals could unleash high levels of interest in XRP products, likening the inflows to what occurred with Bitcoin futures-linked ￰8￱ at all of the crypto ETF filings out there… @JSeyff doing God’s work tracking ￰9￱ I mean by “crypto ETF floodgates about to open soon”. ￰10￱ — Nate Geraci (@NateGeraci) August 28, 2025 Big capital flows followed the introduction of Bitcoin futures ETFs, and a few market observers anticipate similar flows for other tokens if access to spot ETFs ￰11￱ Exposure, Different Risks Because the fund won’t hold the token directly, investors would gain indirect exposure to price swings in XRP through ETF shares and derivative strategies rather than direct token ￰12￱ contrasts with the spot ETF bids currently pending with the SEC.

Amplify’s structure may attract investors chasing option premium while avoiding the operational and custody issues tied to holding XRP directly. NEW: Here is a list of all the filings and/or applications I’m tracking for Crypto ETPs here in the ￰13￱ are 92 line items in this ￰14￱ will almost certainly have to squint and zoom to see but best I can do on here ￰15￱ — James Seyffart (@JSeyff) August 28, 2025 Regulatory Backdrop And A Crowded Queue Reports show Amplify’s filing raises the tally of XRP ETF applications in the US to ￰16￱ those are seven spot ETF bids from Grayscale, 21Shares, Canary, Bitwise, Wisdomtree, CoinShares, and Franklin ￰17￱ are at least 96 crypto-related ETF filings with the SEC overall, according to Bloomberg analyst James ￰18￱ participants are watching an October deadline closely, with some expecting the agency to rule on multiple proposals around that ￰19￱ image from Pexels, chart from TradingView