What's happening?
On April 25, 2025, Brazil did what the USA is only dreaming of: the first spot XRP ETF in the world appeared on the B3 exchange under the ticker XRPH11. It is managed by Hashdex, and 95% of the assets consist of real XRP. Everything is serious: linked to the Nasdaq Index, licensed by the regulator, fees are ridiculous — 0.8% per year.
America is getting ready to catch up
After the SEC definitively lost the Ripple case (and took its $125 million fine), the road for the XRP ETF in the USA is more open than ever.
Analysts give an 80% chance of launch by the end of April. On the Polymarket platform, players are also betting on success.
How is the market reacting?
XRP is already holding above $2, and in the case of the launch of the American ETF, a surge to $5–$15 is expected.
Institutionals are also not sleeping: family offices and funds are ready to invest $10–14 billion in XRP.
But the risks remain
-Some legal issues are still in limbo.
-If the SEC suddenly postpones the decision, XRP could fall back to $1.5–1.8.
Conclusion
Brazil has already launched the rocket with XRP on board. Now we are waiting for the launch in the USA.
If everything goes according to plan, XRP could realistically soar to $10–$15 in the next year.
Well, for now — let's keep our spacesuits ready!