#xrpetf
🔴🔴🔴🔴🔴🔴🔴🔴🔴
XRP ETF Milestones
Brazil's Groundbreaking Move
On April 25, 2025, Brazil’s B3 stock exchange launched XRPH11, the world’s first spot XRP ETF. Managed by Hashdex, it tracks the Nasdaq XRP Reference Price Index, offering investors regulated exposure to XRP.
US Developments
In the U.S., Teucrium introduced the 2x Long Daily XRP ETF (XXRP) on NYSE Arca, providing leveraged exposure to XRP. The ETF saw strong trading volumes, reflecting rising investor demand.
SEC Review
The SEC is currently reviewing several applications for spot XRP ETFs, with a decision expected by October 2025. Analysts estimate a 77% likelihood of approval, depending on the outcome of ongoing legal proceedings.
Market Impact
These milestones reflect increasing institutional adoption and investor interest in XRP, while also emphasizing the potential risks inherent in the evolving regulatory landscape.