#XRPETF #XRPETF $ | Brazil Launches First-Ever Spot XRP ETF
On April 25, 2025, Brazil’s B3 stock exchange made history by listing XRPH11, the world’s first spot XRP exchange-traded fund. Managed by Hashdex in collaboration with Genial Investimentos, the ETF tracks the Nasdaq XRP Reference Price Index, offering investors direct exposure to XRP without needing to hold the asset themselves.
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🇺🇸 U.S. XRP ETF Filings & SEC Progress
In the U.S., nine firms have submitted XRP ETF applications between October 2024 and March 2025. Among them, Bitwise, Grayscale, Canary, and 21Shares are targeting decisions between May 18–22, while Wisdomtree and CoinShares expect updates by July–August. All decisions are expected by December 2025.
Meanwhile, ProShares has revised its application to include futures and swap-based xrp exposure, hinting at a possible approval soon.
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📈 XRP Market Outlook
Brazil’s ETF launch and growing momentum in the U.S. have positively influenced XRP’s price. As of April 27, 2025, XRP is trading at $2.17, with analysts anticipating further gains if U.S. ETF approvals move forward as expected.
XRP
2.1721
-2.15%
