The world's first XRP spot ETF was listed in Brazil with #XRPETF , and CME launched XRP futures, positively impacting the development of XRP in the institutional market.

The Hashdex Nasdaq XRP Index Fund approved by Brazil was granted approval on February 19 and trades on the B3 exchange. This provides investors with a more convenient way to invest in XRP, also expanding XRP's influence globally and attracting more institutional investors' attention.

CME Group plans to launch XRP futures trading on May 19. This increases the variety of its crypto products, allowing traders to speculate on its price without owning XRP. The launch of XRP futures by CME also means that XRP has gained recognition from important institutions in the traditional financial market, helping to enhance its compliance image in the institutional market.

Additionally, on April 30, Proshares will launch three XRP futures ETFs, including Proshares Ultrashort XRP ETF, Proshares Ultra XRP ETF, and Proshares Short XRP ETF. The launch of these ETFs will further enrich investors' choices, increase the market supply of XRP-related products, and attract more institutional investors to participate in the XRP market. $XRP