#XRPETF Sure! Here's a **rewritten** and cleaner version of the information about XRP ETFs:

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### XRP ETFs Overview (As of April 2025)

**XRP-based exchange-traded funds (ETFs)** are quickly gaining momentum around the world, offering investors easier exposure to XRP without directly owning the token.

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### **Brazil: First Spot XRP ETF**

- **Launch Date:** April 25, 2025

- **Provider:** Hashdex

- **Ticker:** XRPH11

- **Exchange:** B3 (São Paulo)

- **Details:**

- Tracks the Nasdaq XRP Reference Price Index.

- 95% of its assets are invested directly in XRP.

- Fees: 0.7% management + 0.1% custody fee.

This is the **first-ever spot XRP ETF** globally.

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### **United States: Futures and Leveraged XRP ETFs**

- **ProShares XRP Futures ETFs** (Launching April 30, 2025):

- **UltraShort XRP ETF**

- **Ultra XRP ETF**

- **Short XRP ETF**

These ETFs provide exposure to XRP price movements through futures contracts rather than holding XRP directly.

- **Teucrium 2x Long Daily XRP ETF (Ticker: XXRP):**

- Launched earlier in April 2025.

- Offers **2x leveraged** daily returns on XRP.

- Designed for active, short-term traders.

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### **Grayscale XRP Trust**

- **Provider:** Grayscale

- **Product:** XRP Trust

- **Details:**

- Provides exposure to XRP through a security format.

- Tracks XRP market price minus fees.

- Ideal for institutional and regulated portfolios.

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### **Future Outlook: U.S. Spot XRP ETF**

- A true **spot XRP ETF** (directly backed by XRP) in the U.S. is **not yet approved**.

- Major firms like **Grayscale**, **Bitwise**, **21Shares**, and **CoinShares** have pending applications with the SEC.

- Analysts believe XRP has a strong chance of approval, especially once regulatory clarity around Ripple is fully resolved.

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If you'd like, I can also rewrite it in a more **bulletproof professional** style or a **casual blog** tone — just tell me!

Want me to?