Can XRP ETFs Buy Directly from Ripple?

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No. ETF managers cannot purchase XRP directly from Ripple or escrow due to court restrictions. They acquire XRP on open markets, which means ETF buying often offsets the tokens Ripple releases monthly from escrow.

[Nahid Hossen]

Some ETF structures may source liquidity from Ripple, but it depends on regulation.

[Abdul Khan]

Direct purchases could impact circulating supply, so rules matter a lot here.