#XRPETF On April 25, 2025, Brazil’s B3 stock exchange became the first globally to list a spot XRP exchange-traded fund (ETF). Named XRPH11, this groundbreaking ETF is managed by Hashdex in partnership with Genial Investimentos. It tracks the Nasdaq XRP Reference Price Index, allowing investors to gain direct exposure to XRP without needing to own the digital asset.
U.S. XRP ETF Applications Await SEC Decisions
In the United States, nine firms have filed applications for XRP ETFs between October 2024 and March 2025. Key players like Bitwise, Grayscale, Canary, and 21Shares are set to receive initial decisions from the SEC between May 18 and May 22. Meanwhile, WisdomTree and CoinShares anticipate updates by July or August. Final decisions for all filings are expected by December 2025.
ProShares has updated its application to include futures and swap-based XRP exposure, signaling optimism for a possible approval in the near future.