#XRPETF
An XRP ETF (exchange-traded fund) allows investors to gain exposure to XRP, a cryptocurrency linked to Ripple, without directly owning it. Recently, Brazil launched the world’s first spot XRP ETF, XRPH11, on April 26, 2025, managed by Hashdex, targeting institutional investors and tracking the Nasdaq XRP Reference Price Index. In the U.S., Teucrium launched the first 2x leveraged XRP ETF on April 8, 2025, while ProShares is set to launch three XRP futures ETFs on April 30, 2025. Over ten spot XRP ETF applications from firms like Grayscale, Bitwise, and Franklin Templeton are pending SEC approval, with a 79% chance of approval by year-end, per Polymarket. Experts suggest ETF approvals could drive XRP’s price higher due to institutional demand, though volatility and regulatory hurdles, like the ongoing SEC-Ripple case, remain concerns.
