#XRPETF Brazil launches the world's first XRP spot ETF

• On 25/4, Brazil became the first country to launch the XRP spot ETF, with the code XRPH11, on the B3 stock exchange. This ETF is issued by Hashdex and tracks the Nasdaq XRP Reference Price Index. This product allows investors to access XRP directly without needing to hold the tokens themselves.

🇺🇸 XRP ETF situation in the US

• Teucrium launched the first XRP ETF in the US with the code XXRP on 8/4. This is a 2x leveraged ETF, aimed at doubling daily profits from XRP. On the first trading day, over 215,000 shares were traded, showing strong interest from investors. 

• The SEC is considering several ETF XRP approval applications from companies like Grayscale, WisdomTree, and Bitwise. The deadline for the SEC to make a decision regarding the conversion application of Grayscale XRP Trust into a spot ETF is 18/10/2025. 

• Prediction: According to the prediction platform Polymarket, the likelihood of the SEC approving the XRP ETF this year is around 80%.