#XRPETFs

Investment fund where the first investment fund in Brazil (EFT) was launched by Hashdex this month, tracking the spot price of the currency $XRP on the Brazilian stock exchange B3 under the symbol XRPH1, where this fund invests about 95% of its assets in the currency $XRP or contracts linked to the Nasdaq index with fees of up to 0.8% per year. This represents a significant milestone in the adoption of cryptocurrencies by financial institutions.

Accompanied by the Securities and Exchange Commission (SEC) on the ProShares funds with the start of official trading at the end of April.

Settlement of the Ripple case with the SEC, where the latter announced a preliminary agreement with the Securities and Exchange Commission to reduce the fine from $125 million to $50 million, with the withdrawal of legal appeals from both parties, paving the way for the approval of spot XRP funds.

Applications submitted by major companies for the launch of spot funds for XRP, with expectations of approval by the Securities and Exchange Commission by October 2025. Additionally, the new president of this commission supports cryptocurrencies.