As of April 27, 2025, Sunday, the situation regarding the XRP ETF is changing, with significant progress being made in the United States and globally:

**Key Developments:**

* **Brazil Launches First Spot XRP ETF**: Brazil's B3 stock exchange launched the world's first spot XRP ETF on April 25, 2025, with the stock code **XRPH11**, marking a groundbreaking initiative. This ETF is managed by Hashdex and overseen by Genial Investimentos, tracking the Nasdaq XRP reference price index, and investing at least 95% of its net assets in XRP. This marks an important milestone for XRP, providing Brazilian investors with regulated and secure access.

* **ProShares to Launch XRP Futures ETF in the U.S.:** ProShares will launch three XRP futures ETFs on **Wednesday, April 30, 2025**. These ETFs (UltraShort XRP ETF, Ultra XRP ETF, and Short XRP ETF) will provide U.S. investors with the opportunity to understand XRP price trends without directly owning it. While futures ETFs differ from spot ETFs, they indicate that regulators are increasingly accepting XRP as an asset class.