In April 2025, the launch of the XRP ETF marked an important milestone in the field of cryptocurrency investment. Brazil was the first to launch the world's first spot XRP ETF (XRPH11) on the B3 exchange, managed by Hashdex, tracking the Nasdaq XRP reference price index, providing investors with direct exposure to XRP prices. In the United States, Teucrium launched the first 2x leveraged XRP ETF (XXRP) on April 8 on NYSE Arca, although a spot ETF has not yet been approved. Additionally, ProShares plans to launch three XRP futures ETFs on April 30, further expanding investment channels. These developments reflect the gradual opening of the regulatory environment and the increasing interest of institutional investors in XRP.