New XRP ETF From Kurv Now Ready to Launch, Latest SEC Filing Shows “KXRP” Ticker

A new ETF for XRP appears ready to enter the U.S. market as asset manager Kurv Investment Management filed updated paperwork with the U.S. SEC.

The fund, called the Kurv XRP Enhanced Income ETF, will trade under the ticker KXRP, according to a prospectus dated March 11, 2026.

The filing indicates that the registration became effective “immediately upon filing pursuant to paragraph (b),” clearing a key regulatory step toward launch.

Key Points

• Kurv files SEC paperwork for new XRP ETF, KXRP, clearing a key regulatory step toward U.S. launch.

• The Kurv XRP ETF will trade on Cboe BZX alongside Kurv’s Ether product, KETH, per filing details.

• ETF targets total return with 0.99% fee, investing mainly via XRP derivatives and related ETPs.

• XRP ETF demand grows despite price drop; inflows hit $1.44B, signaling strong institutional interest.

ETF Set to Trade on Cboe BZX

According to the prospectus, the Kurv XRP will list on the Cboe BZX Exchange, which hosts several other crypto ETFs. The filing also lists a parallel product, the Kurv Ether Enhanced Income ETF (ticker KETH).

Despite the effective registration, the prospectus states that the U.S. SEC has not approved or disapproved the securities or endorsed the adequacy of the prospectus, a standard disclaimer included in ETF filings.

Fees and Investment Strategy

The Kurv XRP ETF aims to maximize total return, according to the filing summary. It carries a 0.99% annual management fee, with no distribution or service fees currently listed.

Based on the fund’s cost example, an investor who puts $10,000 into the ETF and receives an assumed 5% annual return would pay about $101 in expenses in the first year and $315 over three years, excluding brokerage commissions.

Instead of holding XRP directly, the ETF plans to gain exposure primarily through XRP derivatives and XRP exchange-traded products. These include futures contracts, options, forwards, and positions in XRP-linked ETFs or exchange-traded notes.

The fund may also hold fixed-income instruments such as bonds and debt securities, using them alongside derivatives to build income and synthetic exposure to the digital asset.

Under normal conditions, at least 80% of the fund’s assets will be invested in XRP ETPs or derivatives tied to XRP.

XRP ETF Market Continues to Grow

The potential launch of the Kurv product comes as demand for XRP investment vehicles has steadily increased. Recent data highlighted by Brad Garlinghouse, CEO of Ripple Labs, shows that XRP ETFs have continued attracting institutional capital even as the token’s price declined.

Specifically, cumulative inflows into U.S. XRP ETFs climbed from roughly $150 million in November 2025 to about $1.44 billion by early March 2026.

While XRP has dropped from around $2.50 near the first ETF launch to roughly $1.37, the funds still hold more than $1.2 billion in cumulative inflows. This suggests institutional investors have continued accumulating exposure during the price downturn.

Meanwhile, total net assets across existing XRP ETFs currently sit below $1 billion. The Canary XRP ETF is leading the market. Other asset managers include Bitwise, Franklin, 21Shares, and Grayscale.

Upon launch, the Kurv XRP Enhanced Income ETF would become the newest addition to the growing lineup of XRP investment products.