#XRPETF XRP ETF (Exchange-Traded Fund) is a financial instrument designed to track the price of XRP, allowing investors to indirectly invest in XRP by purchasing ETF shares without having to deal directly with the complex process of cryptocurrency trading. Recently, the Brazilian Securities and Exchange Commission (CVM) officially approved the Hashdex Nasdaq XRP Index Fund, which is Brazil's first spot XRP ETF. The fund will be traded on the B3 exchange and is expected to provide investors with a more convenient way to access XRP. This news coincides with the announcement that the U.S. Securities and Exchange Commission (SEC) has received multiple applications for spot XRP ETFs, indicating a rising global demand for XRP and optimistic expectations from investors regarding its future performance. As a result of this news, the price of XRP has increased by 7.8% in the past 24 hours, climbing to $2.72, just 20% away from its all-time high.