#XRPETF

Brazil launched the world's first spot XRP ETF, called XRPH11, on its B3 exchange. This ETF offers regulated, transparent, and accessible XRP exposure to institutional investors, charging a 0.7% management fee plus 0.1% custody fee.

The XRP price remains stable around $2.20, with optimism that the U.S. approval of an XRP ETF could trigger a significant price surge.

In the U.S., the SEC approved the launch of an XRP ETF by ProShares Trust scheduled for April 30, 2025, which is expected to increase institutional interest and liquidity