#特朗普税改 USA: Leveraged ETFs (XXRP) can be traded through traditional brokers.

• Brazil: Spot ETF (XRPH11) is listed on the B3 exchange and supports fiat currency trading.

• Other regions: ETF applications in Canada and Europe are still under review, and regulatory developments should be monitored.

2. Risk Factors

• Regulatory risk: Delays in SEC approval or legal disputes may lead to significant price fluctuations.

• Market risk: The price of XRP is greatly influenced by the overall market sentiment of cryptocurrencies, and caution should be exercised regarding retracement risks.

• Product risk: The high volatility of leveraged ETFs and the custody security issues of spot ETFs (such as Coinbase custody) need to be carefully assessed.