#XRPETF XRPETF XRPETF 🇧🇷 Brazil Launches World’s First Spot XRP ETF

On April 25, 2025, Brazil’s B3 stock exchange introduced XRPH11, the world’s first spot XRP exchange-traded fund (ETF). Managed by Hashdex in partnership with Genial Investimentos, this ETF directly tracks the Nasdaq XRP Reference Price Index, providing investors with direct exposure to XRP without the need to own or store the cryptocurrency themselves .  

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🇺🇸 U.S. XRP ETF Applications and SEC Developments

In the United States, nine firms have submitted applications for XRP ETFs between October 2024 and March 2025. Notably, Bitwise, Grayscale, Canary, and 21Shares are targeting approval between May 18–22, 2025, while WisdomTree and CoinShares aim for July–August. All nine applications are expected to be decided by December 2025 . 

Additionally, ProShares has updated its application for an XRP ETF based on futures contracts and swap arrangements, signaling potential approval in the near future . 

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📈 XRP Price Outlook

The introduction of the spot XRP ETF in Brazil and the progress of U.S. ETF applications have positively impacted XRP’s market performance. As of April 27, 2025, XRP is trading at $2.17, with expectations of further growth if U.S. ETF approvals proceed smoothly .