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An XRP ETF (Exchange-Traded Fund) is a financial product designed to track the performance of XRP, a cryptocurrency developed by Ripple Labs known for its fast, efficient cross-border payment processing. Unlike direct XRP ownership, an ETF allows investors to gain exposure through shares traded on traditional stock exchanges, simplifying access without managing digital wallets. Recent developments include the SEC's approval of the first U.S. XRP ETF, launched by Teucrium as a 2x leveraged fund (XXRP), and Brazil's Hashdex XRPH11 ETF, signaling growing institutional adoption. XRP ETFs blend crypto innovation with regulated investing, appealing to diversified portfolios.
