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

• On April 25, Brazil became the first country to launch a spot XRP ETF, coded 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 self-custody the token.

🇺🇸 XRP ETF situation in the U.S.

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

• The SEC is reviewing multiple applications for ETF XRP approval from companies like Grayscale, WisdomTree, and Bitwise. The deadline for the SEC to make a decision on Grayscale XRP Trust's conversion application to a spot ETF is October 18, 2025.

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