#XRPETF Brazil Launches the World's First Spot XRP ETF
On April 25, 2025, the B3 stock exchange in Brazil introduced XRPH11, the world's first spot XRP 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 itself.  
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🇺🇸 US XRP ETF Applications and SEC Developments
In the United States, nine companies have filed applications for an XRP ETF between October 2024 and March 2025. Specifically, Bitwise, Grayscale, Canary, and 21Shares are targeting approval between May 18–22, 2025, while WisdomTree and CoinShares are aiming for July–August. All nine applications are expected to be decided in December 2025. 
Additionally, ProShares has updated its application for an XRP ETF based on futures contracts and swap arrangements, signaling the possibility of 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 US ETF applications have positively impacted the performance of the XRP market. As of April 27, 2025, XRP was trading at $2.17, with hopes for further growth if the US ETF approvals go smoothly.Brazil Launches the World's First Spot XRP ETF
On April 25, 2025, the B3 stock exchange in Brazil introduced XRPH11, the world's first spot XRP 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 itself.  
⸻
🇺🇸 US XRP ETF Applications and SEC Developments
In the United States, nine companies have filed applications for an XRP ETF between October 2024 and March 2025. Specifically, Bitwise, Grayscale, Canary, and 21Shares are targeting approval between May 18–22, 2025, while WisdomTree and CoinShares are aiming for July–August. All nine applications are expected to be decided in December 2025. 
Additionally,
