#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 the need to self-custody the tokens.

🇺🇸 XRP ETF situation in the US

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

• The SEC is reviewing several applications for XRP ETF approval from companies such as Grayscale, WisdomTree, and Bitwise. The deadline for the SEC to make a decision on the application to convert Grayscale XRP Trust into 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 approximately 80%.