#XRPETF
Today, April 27, 2025, the U.S. Securities and Exchange Commission (SEC) officially approved the XRP ETF of ProShares Trust, scheduled to be listed and traded on the public market on April 30.
This is the first approved XRP-related ETF in the United States, marking a significant breakthrough for XRP in mainstream financial markets. The launch of this ETF will provide institutional and retail investors with a regulated way to access XRP without directly holding the cryptocurrency.
Additionally, Brazil launched the world's first spot XRP ETF (code: XRPH11) on the B3 exchange on April 25, managed by Hashdex, further enhancing XRP's global influence.
Currently, XRP's price fluctuates between $2.18 and $2.24, and the market has reacted positively to the news of the ETF listing. Analysts expect that with the launch of the ETF and the influx of institutional funds, XRP's price may rise further.