As of April 27, 2025, XRP ETF developments are gaining popularity. ProShares is preparing to launch three XRP Futures ETFs on April 30, including ProShares UltraShort, Ultra, and Short XRP ETFs, signaling growing regulatory recognition. Brazil launched the world's first spot XRP ETF, XRPH11, on April 26, with assets under management of 950 million dollars. In the U.S., optimism regarding the approval of a spot XRP ETF is high, with a probability of 74% by the end of the year, according to Polymarket. The 2X XRP ETF from Teucrium has already been launched. However, bearish options data and macroeconomic tensions may put pressure on the price of XRP, which is currently around 2.05 dollars.