#XRPETFs XRP ETF & Futures Update: Institutional Momentum Builds

Brazil has launched the world’s first spot XRP ETF, XRPH11, through Hashdex on the B3 exchange. This fund tracks the Nasdaq XRP Reference Price Index and invests at least 95% in XRP, offering regulated crypto exposure to institutional investors.

CME Group’s XRP futures, introduced recently, have seen open interest steadily climb, signaling growing institutional demand.

XRP trades around $0.52, gaining about 3% over the past week despite broader market challenges. Its 24-hour trading volume remains strong at roughly $1.2 billion, ranking XRP among the top 10 most active cryptocurrencies.

Key drivers include Ripple’s recent legal victories improving regulatory clarity and RippleNet’s expanding cross-border payment volume, now over $30 billion annually.

While XRP’s market cap trails Bitcoin and Ethereum, its unique payment focus and new institutional products make it a crypto to watch.

What’s your take? Could XRP close the gap with the top crypto leaders? Share your thoughts below!

Data as of April 2025.