The XRP currency saw significant developments in 2025, especially with its entry into the field of exchange-traded funds (ETFs), reflecting an increasing interest from major financial institutions.
On April 25, 2025, Hashdex launched the first spot ETF for XRP on the Brazilian B3 exchange under the trading symbol XRPH11. The fund is based on the Nasdaq XRP Reference Price index, providing investors with direct exposure to the digital currency's price in a regulated and secure environment.
In the same context, ProShares is preparing to launch three future ETFs for XRP on April 30, 2025, namely: ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF. These products allow investors to profit from both rising and falling XRP prices without the need to directly own the digital asset.
Despite these steps, the U.S. Securities and Exchange Commission (SEC) is still reviewing approval requests for spot ETF funds for XRP in the United States. Among the companies that have applied are 21Shares, Bitwise, and WisdomTree, and final decisions on these requests are expected to be issued in the second half of 2025.
On the other hand, the recent settlement between Ripple and the SEC has improved the chances of approval for these funds. Ripple agreed to pay a fine of $50 million, which was seen as a positive indicator in the legal and regulatory file of XRP.
Forecasts indicate that the launch of ETFs for XRP, especially spot ones, could push the currency's price to new levels, with expectations of reaching $5 if the flow of institutional investments remains strong.
Overall, it appears that 2025 will be a pivotal year for the future of XRP, with strong prospects for increased institutional adoption and its entry into traditional financial instruments like other major digital currencies.
