#XRPETF
A historical launch in Brazil and optimistic forecasts for global markets
The XRP currency has seen significant development this week with the launch of the world's first Spot ETF on the Brazilian stock exchange B3, under the symbol XRPH11, managed by Hashdex. The fund invests at least 95% of its assets in XRP, providing investors with a direct and organized way to access the digital currency without the need to own it physically.
At the same time, the CME Group announced its plans to launch futures contracts for XRP on May 19, enhancing the chances of approval for spot ETF funds in the United States. Estimates suggest that these products could attract inflows of up to $8 billion, potentially driving the price of XRP to new levels.
With these developments, optimism about the future of XRP is rising, especially with increasing institutional interest and the expansion of regulatory infrastructure. If these trends continue, we may witness significant increases in value in the coming period
