#XRPETF Brazil has taken the lead, launching the world's first spot XRP ETF, XRPH11, on its B3 exchange. This move is seen as a significant step towards mainstream adoption and provides a real-world case study for other regulators.

ProShares is also set to launch three XRP Futures ETFs in the US on April 30th, offering indirect exposure to XRP price movements. While not the same as a spot ETF, it indicates growing regulatory acceptance of XRP as an asset class.

Analysts predict that a US spot XRP ETF could attract substantial inflows, potentially mirroring the success of Bitcoin and Ethereum ETFs. The ongoing legal developments between Ripple and the SEC also play a crucial role in the approval prospects. The crypto community is closely watching for any signals from the SEC that could pave the way for an XRP ETF in the near future.