On February 19, 2023, the world's first XRP spot ETF, the "Hashdex Nasdaq XRP Index Fund," was successfully approved for listing in Brazil and is trading 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 Latin America but also breaks the market gap of lacking a spot ETF for XRP, marking a significant increase in XRP's recognition in the traditional financial sector. Meanwhile, the world's largest futures exchange, the CME, announced that it will officially launch XRP futures contracts on May 19. This move is a key step for XRP toward mainstream financial markets.