#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?