#XRPETF Brazil launches the world's first spot XRP ETF
• On 25/4, Brazil became the first country to launch a spot XRP ETF, with the code XRPH11, on the B3 stock exchange. This ETF is issued by Hashdex and tracks the Nasdaq XRP Reference Price Index. This product allows investors to access XRP directly without needing to store the tokens themselves.
🇺🇸 XRP ETF situation in the US
• Teucrium launched the first XRP ETF in the US with the code XXRP on 8/4. This is a 2x leveraged ETF, aiming to double the daily gains from XRP. On the first trading day, over 215,000 shares were traded, showing strong interest from investors.
• The SEC is considering several ETF XRP approval applications from companies like Grayscale, WisdomTree, and Bitwise. The deadline for the SEC to make a decision regarding Grayscale's application to convert its XRP Trust into a spot ETF is 18/10/2025.
• Prediction: According to the prediction platform Polymarket, the likelihood of the SEC approving an XRP ETF this year is about 80%