On February 19, #XRPETF welcomed a double heavyweight benefit in the capital markets, achieving a leap forward in its influence in the institutional market and compliance process. 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 compliant and convenient XRP investment channels for investors in Brazil and even the Latin American region but also breaks the market vacuum of lacking a spot ETF for XRP, marking a significant increase in XRP's recognition in the traditional financial sector, and is expected to attract more institutional investors to allocate XRP assets through standardized products.

Meanwhile, the world's largest futures exchange, CME Group, announced that it will officially launch XRP futures contracts on May 19. This move is a key step for XRP towards the mainstream financial market. As an authoritative institution in the traditional financial market, CME's endorsement greatly enhances XRP's compliance and credibility in the eyes of institutional investors. The launch of XRP futures allows institutional traders to manage price risk and investment strategy layout through derivative tools 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 including inverse short (Proshares Ultrashort XRP ETF), leveraged long (Proshares Ultra XRP ETF), and short (Proshares Short XRP ETF). This series of innovative products establishes a complete ecosystem for XRP from spot to futures, from directional 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 abundant capital inflows and liquidity to the market.