$BTC Here are some casual updates on the XRP ETF to digest:
First, Brazil has just launched the world's first spot XRP ETF, XRPH11, thanks to Hashdex and Genial Investimentos on the B3 exchange. It is intended for professionals who want pure exposure to XRP without juggling wallets and private keys.
On the other hand, in the United States, ProShares is preparing to launch three XRP futures ETFs on April 30—think UltraShort XRP, Ultra XRP, and Short XRP—which offer traders easy exposure to Ripple's token futures.
And don't forget the recent launch of Teucrium's 2x Long Daily XRP ETF (symbol: XXRP), designed for short-term traders looking to profit from volatility with leverage. On its first day, it traded more than 215,000 shares, showing there is a real appetite for XRP-based products.