#XRPETFs (Exchange-Traded Funds) are financial products that allow investors to gain exposure to XRP, a cryptocurrency, without directly purchasing it. These ETFs are designed to track the performance of XRP’s price movements.
Currently, XRP futures-based ETFs have been approved, notably in the U.S., where companies like ProShares launched products based on XRP’s future price. However, the approval of spot XRP ETFs (which directly track XRP’s real-time price) is still pending in the U.S.
In Brazil, a spot XRP ETF has already been launched, offering investors direct exposure to XRP’s market price.
These ETFs make it easier for traditional investors to gain access to XRP while being regulated within existing financial systems.