The #XRPETF XRP ETF is an exchange-traded fund that uses XRP as its underlying asset. Here is some information about it:

Launch of the world's first XRP ETF

• Basic Information: On April 25, 2025, Hashdex partnered with Genial Investimentos to launch the world's first XRP ETF on Brazil's B3 securities exchange, with the ticker symbol XRPH11. The ETF aims to track the NASDAQ XRP Reference Price Index and commits to allocating at least 95% of its net assets to XRP.

• Significance: It provides investors with a way to purchase XRP through a regulated and secure system, enhancing access to a diversified portfolio of safe investments within the realm of digital assets.

Impact on XRP Price

After the launch of the Brazil XRP ETF, the price of XRP rose over 8% in one day, approaching the $0.60 mark, and trading volumes on major exchanges surged by 22%, indicating strong market interest in the ETF.

Market Outlook

Standard Chartered Bank predicts that the XRP spot ETF is expected to be approved in the third quarter of 2025, which will attract more institutional investors and capital inflows. It is expected to release up to $8 billion in capital inflows within the first 12 months after approval, providing strong support for the price of XRP.

However, it should be noted that the cryptocurrency market is highly volatile and uncertain, and investing in the XRP ETF carries certain risks.