$XRP The cryptocurrency market is witnessing significant movement with XRP ETFs. Brazil has already pioneered with the launch of the first spot XRP ETF, XRPH11, trading on its B3 exchange under the management of Hashdex, offering regulated exposure to XRP for investors.
In the United States, anticipation is building. Crypto Rover reported the SEC's approval of ProShares Trust's spot XRP ETF for a public launch slated for April 30, 2025. This announcement spurred a notable price increase and heightened trading activity for XRP.
Notably, the US market already features a leveraged XRP ETF, XXRP, offered by Teucrium. Furthermore, the CME Group has announced its intention to introduce XRP futures contracts in May. As the US potentially anticipates further spot ETF approvals from entities like Grayscale and Franklin Templeton, the global availability of XRP investment vehicles is demonstrably expanding.