#XRPETF

The U.S. SEC has officially approved the launch of the first XRP ETF by ProShares Trust, set to begin trading on April 30, 2025. This ETF will offer leveraged and inverse products, allowing investors to gain exposure to XRP’s price movements through regulated financial instruments, though it is not a spot ETF. The approval triggered a surge in XRP’s price and trading volume, with a 12.7% jump to $0.59 and a 38% increase in volume, reflecting strong institutional and retail interest. Meanwhile, Brazil made history by launching the world’s first spot XRP ETF, XRPH11, on the B3 exchange, further boosting global momentum for XRP ETFs. U.S. approval of a true spot XRP ETF is still pending, with final SEC decisions expected by October 2025 for several major applications