#XRPETF It looks like you're asking about the status and potential launch of an XRP Exchange Traded Fund (ETF). Here's the latest information:

Recent Developments:

* Brazil Launches First XRP Spot ETF: Hashdex launched XRPH11 on the Brazilian stock exchange (B3) on April 25th. This is described as the "world's first XRP ETF," providing regulated access to XRP for investors in Brazil.

* ProShares to Launch XRP Futures ETFs: ProShares is set to launch three XRP Futures ETFs – ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF – on Wednesday, April 30th. These will offer exposure to XRP price movements without directly holding the token.

* CME Group to Launch XRP Futures: CME Group plans to launch XRP futures on May 19th, pending regulatory review. This further indicates growing institutional interest in XRP.

US XRP ETF Approval:

* While Brazil has taken the lead, the approval of a spot XRP ETF in the US is still pending.

* Several firms, including Grayscale, Bitwise, and Franklin Templeton, have filed applications for an XRP ETF with the SEC.