#XRPETF

As of April 27, 2025, the XRP price is approximately $2.18, with an intra-day fluctuation range between $2.17 and $2.22, overall showing a consolidation pattern.

Recently, the XRP market has been driven by several positive news. Brazil launched the world's first XRP spot ETF 'XRPH11', issued in collaboration by Hashdex and Genial Investimentos. This fund will allocate at least 95% of its assets to XRP and will be custodied by Genial Bank, indicating an increasing interest from institutional investors in XRP.

In addition, CME Group plans to launch XRP futures contracts on May 19, further expanding XRP's influence in the derivatives market.

On the technical front, XRP has formed support around $2.18. If it can break through the short-term resistance at $2.22, it may open up a new round of upward momentum. Overall, XRP shows robust upward potential supported by increased institutional participation and positive fundamentals.