#XRPETF
XRPETF Brazil Launches World’s First Spot XRP ETF
On April 25, 2025, Brazil’s B3 stock exchange officially launched XRPH11, marking the world’s first spot XRP exchange-traded fund (ETF). Managed by Hashdex in partnership with Genial Investimentos, XRPH11 tracks the Nasdaq XRP Reference Price Index, allowing investors to gain direct exposure to XRP without needing to own or store the cryptocurrency.
🇺🇸 U.S. XRP ETF Applications and SEC Developments
In the United States, nine companies, including Bitwise, Grayscale, Canary, and 21Shares, submitted XRP ETF applications between October 2024 and March 2025. Approvals are anticipated between May and December 2025. Meanwhile, ProShares updated its application for an XRP ETF based on futures and swap contracts, signaling potential regulatory approval soon.
