#XRPETF Current Status of XRP ETFs**
- **U.S. Spot ETF Applications**: Multiple asset managers, including Grayscale, Bitwise, 21Shares, Canary Capital, WisdomTree, and Franklin Templeton, have filed for spot XRP ETFs. The SEC has until **mid-October 2025** to decide on these applications, with final deadlines ranging from October 18 (Grayscale) to October 25 (Franklin) .
- **First Leveraged XRP ETF**: Teucrium launched the **2x Long Daily XRP ETF (XXRP)** on NYSE Arca on April 8, 2025, marking the first XRP-linked ETF in the U.S. This leveraged product precedes spot ETF approvals, which is unusual for new asset classes .
- **Brazil’s Spot XRP ETF**: Hashdex debuted the world’s first spot XRP ETF (**XRPH11**) on Brazil’s B3 exchange on April 25, 2025, tracking XRP’s price via the Nasdaq XRP Reference Price Index