#XRPETF : Launch of the World's First XRP Spot ETF and Its Impact on the Market

On April 25, 2025, Brazil made history by launching the world's first XRP spot ETF, XRPH11, managed by Hashdex and traded on the B3 stock exchange. This ETF tracks the Nasdaq XRP Reference Price Index, providing investors with direct and regular exposure to XRP.

This move marks a significant milestone in institutional adoption of XRP, especially amid regulatory uncertainty in the United States. Meanwhile, CME Group announced plans to launch XRP futures trading on May 19, 2025, indicating growing institutional interest in this asset.

In the US, the chances of approval for the XRP spot ETF have increased, with market predictions suggesting a 79% likelihood of SEC approval this year. Analysts estimate that approval of such an ETF could trigger inflows of up to $8 billion into XRP-related products.