#xrpetf As of April 28, 2025, significant developments have occurred regarding XRP Exchange-Traded Funds (ETFs), particularly in the United States and Brazil.
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### 🇺🇸 **U.S. XRP Futures ETFs Approved**
The U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust to launch three XRP futures-based ETFs on April 30, 2025: ([U.S. SEC greenlights ProShares XRP futures ETFs for April 30 launch](https://cryptoslate.com/u-s-sec-greenlights-proshares-xrp-futures-etfs-for-april-30-launch/?utm_source=chatgpt.com))
- **Ultra XRP ETF**: Offers 2x leveraged exposure to XRP futures.
- **Short XRP ETF**: Provides inverse (-1x) exposure.
- **Ultra Short XRP ETF**: Provides inverse (-2x) exposure. ([U.S. SEC greenlights ProShares XRP futures ETFs for April 30 launch](https://cryptoslate.com/u-s-sec-greenlights-proshares-xrp-futures-etfs-for-april-30-launch/?utm_source=chatgpt.com))
These ETFs track XRP futures contracts, allowing investors to speculate on XRP's price movements without directly holding the token. This approval marks a significant step in bringing XRP-related investment products to mainstream financial markets. ([U.S. SEC greenlights ProShares XRP futures ETFs for April 30 launch](https://cryptoslate.com/u-s-sec-greenlights-proshares-xrp-futures-etfs-for-april-30-launch/?utm_source=chatgpt.com))
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### 🌍 **First Spot XRP ETF Launches in Brazil**
While the U.S. has approved futures-based ETFs, Brazil has taken a step further by launching the first spot XRP ETF. Hashdex introduced this ETF, which directly holds XRP tokens, providing investors with direct exposure to the cryptocurrency. This development positions Brazil as a pioneer in offering regulated, physically-backed XRP investment products. ([U.S. SEC greenlights ProShares XRP
