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BTC & Crypto Latest Updates
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#XRPETF Current Status: * First Spot XRP ETF Launched in Brazil: Hashdex launched the world's first spot XRP ETF (XRPH11) on Brazil's B3 stock exchange. This is a significant milestone for XRP. * US Futures ETFs Approved: The US SEC has approved the launch of XRP futures ETFs by ProShares, set to debut on April 30, 2025. These include: * Ultra XRP ETF (2x leverage) * Short XRP ETF (-1x leverage) * Ultra Short XRP ETF (-2x leverage)
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#XRPETF May 19, 2025: Expected launch of CME Group's XRP futures (pending regulatory review). * Mid-October 2025: Deadlines for some US spot XRP ETF applications. In summary, while the US has yet to approve a spot XRP ETF, the approval of futures ETFs and the groundbreaking launch in Brazil suggest a growing acceptance of XRP as an investment asset. The future of XRP ETFs in the US hinges on regulatory developments and the SEC's stance.
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Market Consolidation Suggests Potential Upswing, Analysts Say
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