#XRPETF

While the U.S. Securities and Exchange Commission (SEC) has not yet approved a spot XRP exchange-traded fund (ETF), there's growing anticipation in the market. Recent developments, including the launch of XRP futures by CME Group scheduled for May 19th, and the successful rollout of XRP futures by Coinbase, are seen as positive steps towards a potential spot ETF.

Notably, Brazil has already taken the lead with the debut of the world's first XRP spot ETF on its main stock exchange, B3, under the ticker XRPH11. This ETF, managed by Hashdex, tracks the Nasdaq XRP Reference Price Index.

Market analysts are increasingly optimistic about the possibility of a U.S. XRP spot ETF approval, with some predicting it could happen sooner rather than later. Polymarket, a crypto-betting platform, has raised the odds of approval by December 2025 to 72%. JPMorgan estimates that XRP ETFs could attract around $8 billion in their first year.

The ongoing legal developments between Ripple and the SEC also play a crucial role. A potential settlement or withdrawal of the SEC's appeal could significantly boost the prospects of an XRP spot ETF in the U.S