#XRPETF While Brazil has taken the lead with the launch of the world's first spot XRP ETF (XRPH11), the US market is still awaiting regulatory clarity. The SEC has yet to approve any of the several spot XRP ETF applications filed by major asset managers like Grayscale and Franklin Templeton.

However, there are signs of progress in the US. ProShares is set to launch three XRP futures ETFs on April 30th, offering indirect exposure to XRP price movements. This move is seen by some analysts as a potential stepping stone towards the approval of a spot XRP ETF in the US, possibly later this year. The outcome of Ripple's ongoing legal battle with the SEC and the evolving regulatory landscape under the new SEC Chair, Paul Atkins, will be crucial factors influencing the future of XRP ETFs in the United States.