As of April 2025, significant progress has been made in the development of the XRP ETF, particularly in the Brazilian and U.S. markets. These advancements could have a profound impact on the price and market acceptance of XRP.

On April 25, 2025, asset management company Hashdex launched the world's first spot XRP ETF, named "Hashdex Nasdaq XRP Index Fund (XRPH11)", which is listed on Brazil's main stock exchange, B3. The fund tracks the Nasdaq XRP reference price index, providing investors with direct exposure to XRP prices.