#XRPETF Hashdex has officially launched XRPH11, the world’s first XRP spot ETF in Brazil, tracking the Nasdaq XRP Reference Price Index with 95% allocation to XRP. This milestone marks a significant step toward mainstream institutional adoption of XRP. Meanwhile, CME Group’s recent launch of XRP futures further solidifies its position in regulated financial markets, offering institutions a secure way to gain exposure.

XRP’s unique utility—fast, low-cost cross-border payments—positions it differently from Bitcoin (store of value) and Ethereum (smart contracts). While surpassing BTC or ETH in market dominance seems unlikely in the near term, growing institutional interest and increasing regulatory clarity could fuel long-term growth.

Challenges remain, including competition from stablecoins and ongoing SEC scrutiny.

What’s your take? Could XRP eventually rival Bitcoin and Ethereum, or will it carve out a niche of its own? Share your thoughts!