#XRPETF XRP ETFs are gaining traction globally. Here are some key developments ¹ ² ³:

- *ProShares XRP ETFs*: ProShares is set to launch three XRP Futures ETFs on April 30, offering investors exposure to XRP price trends without directly holding the token. These ETFs include:

- *ProShares UltraShort XRP ETF*

- *ProShares Ultra XRP ETF*

- *ProShares Short XRP ETF*

- *21Shares XRP ETP*: 21Shares offers a physically backed XRP ETP (Exchange-Traded Product) with a total expense ratio of 2.50% per annum. This product tracks the value of Ripple (XRP) and is available on various exchanges, including Euronext Amsterdam, XETRA, and SIX Swiss Exchange.

- *XRP Spot ETF in Brazil*: The first-ever XRP spot ETF has debuted on Brazil's main stock exchange, providing investors with direct exposure to XRP.

- *Potential Impact*: The launch of XRP ETFs and ETPs may increase investor interest in XRP, potentially driving up demand and prices. However, the approval of XRP-spot ETFs may depend on the resolution of the ongoing lawsuit between Ripple and the SEC.

These developments reflect the growing interest in cryptocurrency-based financial products and the increasing acceptance of XRP as an asset class.