ARK Invest has filed an S-1 application with the U.S. SEC for the ARK CoinDesk 20 Crypto ETF, prominently featuring XRP with a 19.88% allocation. This positions XRP as one of the fund's largest holdings, following Bitcoin at 32.4% and Ethereum at 20.69%. The ETF, which tracks the CoinDesk 20 Index, is expected to list on NYSE Arca, Inc., with an estimated launch capital of $437,000. The inclusion of XRP at this scale highlights growing institutional confidence in the token as a viable investment asset. This move could enhance XRP's liquidity and adoption, especially if the ETF receives approval. The fund also includes other major cryptocurrencies like Solana, Cardano, and Bitcoin Cash, with varying weightings.