#XRPETF

With the capital market welcoming double heavyweight benefits, there has been a leap forward in the influence of the institutional market and compliance processes. On February 19, the world's first XRP spot ETF - Hashdex Nasdaq XRP Index Fund was successfully approved for listing in Brazil and is traded on the São Paulo Stock Exchange (B3). The launch of this ETF not only provides investors in Brazil and the broader Latin American region with a compliant and convenient investment channel for XRP, but also fills the market gap of the lack of XRP spot ETFs, signifying a significant increase in XRP's recognition in the traditional financial sector, which is expected to attract more institutional investors to allocate XRP assets through standardized products.

At the same time, the world's largest futures exchange, the Chicago Mercantile Exchange (CME), announced that it will officially launch XRP futures contracts on May 19. This initiative is a key step for XRP towards mainstream financial markets. As an authoritative institution in traditional financial markets, CME's endorsement greatly enhances XRP's compliance and credibility in the eyes of institutional investors. The introduction of XRP futures allows institutional traders to manage price risks and investment strategies through derivative instruments without directly holding XRP, effectively lowering the participation threshold.

It is worth noting that on April 30, Proshares will also launch three XRP futures ETFs, covering diverse strategies such as inverse shorting (Proshares Ultrashort XRP ETF), leveraged long (Proshares Ultra XRP ETF), and shorting (Proshares Short XRP ETF). The intensive rollout of this series of innovative products constructs a complete ecosystem for XRP, from spot to futures, and from long-term investment to hedging tools, greatly enriching the allocation options for institutional investors and accelerating XRP's integration into the global institutional investment landscape, which is expected to bring more substantial capital inflow and liquidity to the market.