XRP gains 4.36% index weight in Cryptex ETF filing, Teucrium short fund delayed to October

XRP has appeared in two recent US fund registration filings, indicating growing institutional attention toward the digital asset. Both fund updates describe separate products in different stages of development, with XRP featuring as a key component in each.

Cryptex ETF filing includes XRP as major component

The Cryptex Digital Market Cap ETF, a proposed multi-asset cryptocurrency fund, submitted a pre-effective amendment on September 11. This filing lists XRP as an eligible component with a 4.36% weighting in the underlying Cryptex Digital Market Cap Index as of September 8.

Cryptex Finance is a digital asset index provider that has developed a multi-asset index designed to track the overall cryptocurrency market. The ETF, if approved, is planned to trade on Nasdaq under the ticker BAGZ and is not a single-asset XRP fund.

XRP holds a 4.36% index weight, exceeding the assignments for Chainlink, Solana, and Avalanche in the same index. After Cryptex applies its final eligibility screens, XRP’s indicated fund allocation stands at 4.41%.

Other major cryptocurrencies hold leading index positions, with Bitcoin at 25.83% and Ethereum at 13.55%. Chainlink, Solana, and Avalanche have respective index weights of 3.15%, 2.80%, and 2.13%. The original index contains 36 assets, while the final fund allocation narrows the list to 19 constituents that meet operational and listing requirements.