Daily Updates on Ripple (XRP) - September 2nd Edition

The financial world is abuzz with the latest development in the cryptocurrency market, as Amplify Investments announces an XRP-focused ETF in the USA. This innovative product, named the XRP Monthly Option Income ETF, is set to shake up the market with its unique approach to generating regular returns for investors.

The ETF will be based on options strategies, aiming to provide a steady income to its shareholders. Each fund will expire monthly, allowing for a strategic reset and maintaining a consistent income stream.

At the time of writing, XRP is trading at around $2.7, marking a 10% drop from its closing price on the $3 mark last Tuesday. Despite this minor setback, the overall sentiment on social media remains bullish, reflecting the general optimism towards Ripple's native token.

This optimism is backed by the significant growth XRP has experienced this week. Analysts are predicting rallies and potential new all-time highs for XRP, fueling the bullish sentiment.

The odds of a spot XRP ETF approval by the end of the year stand at 87%, according to Polymarket. However, it's important to note that the Securities and Exchange Commission (SEC) in the U.S. has a history of delaying ETF decisions for Ripple's native token.

Amplify Investments is not the only player in the game. Another investment company in the U.S., with over $12 billion in assets under management, has also filed for an XRP-based Options Income Fund ETF.

The XRP project's blockchain has also made strides in the real world, achieving a real-world asset (RWA) market cap of over $320 million in the latest data from last week. This marks a 144% increase from the end of the second quarter of 2025.

In other exciting news, Gemini has unveiled a credit card that rewards holders with XRP. The card, which also supports Ripple's stablecoin, RLUSD, for US spot trading markets, is another step towards mainstream adoption of XRP.

However, it's not all sunshine and rainbows. Some analysts are preparing for a potential bear market and have presented potential price targets if the buyers fail to take control.

In conclusion, the launch of the XRP Monthly Option Income ETF is a significant development in the cryptocurrency market. With the bullish sentiment, promising growth, and the potential for mainstream adoption, investors are keeping a close eye on XRP's future.