#xrpetf The US Securities and Exchange Commission (SEC) has approved the launch of ProShares Trust's XRP-related exchange-traded funds, effective April 30, 2025. This includes the ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF.

- Brazil's B3 stock exchange has launched the world's first spot XRP ETF, XRPH11, managed by Hashdex and administered by Genial Investimentos. This ETF offers investors a regulated and secure way to gain exposure to XRP.¹ ²

*XRP ETF Price and Market:*

- The current price of XRP ETF (XRPETF) varies across different sources, with prices ranging from $0.0000000000008833 to $0.0012.

- The market capitalization and 24-hour trading volume of XRP ETF also differ across sources, with some reporting a market cap of $37.91K and a 24-hour volume of $3.39K.

- XRP ETF is listed on various exchanges, including Raydium, with a 24-hour volume of $1,727.27.³ ⁴ ⁵

*Potential Impact:*

- JPMorgan analysts predict that spot XRP ETFs could attract up to $8 billion in net inflows if approved in major markets, potentially driving up the value of XRP.

- The approval of an XRP ETF in the US could catalyze a substantial breakout in XRP's price, with some analysts projecting a price increase to as high as $24 in the near future.$XRP