#XRPETF Recent developments around XRP Exchange-Traded Funds (ETFs) show significant momentum in the cryptocurrency market, with multiple filings and launches signaling growing institutional interest. Here’s a concise overview based on current information:
Key Updates on ETFs:
Brazil’s Spot XRP ETF:
On April 25, 2025, Hashdex and Genial Investimentos launched the world’s first spot ETF on Brazil’s B3 stock exchange under the ticker XRPH11. It tracks the Nasdaq Reference Price Index, allocating at least 95% of its net assets . This marks a milestone for institutional adoption.
U.S. XRP ETF Developments:
Teucrium’s Leveraged ETF: Launched on April 8, 2025, the Teucrium 2x Daily Long ETF (XXRP) in the U.S. offers 2x leveraged exposure to daily returns. It reached $35 million in assets under management within ten trading days and ranks in the top 5% of new ETF launches by trading volume.
Spot XRP ETF Filings: Over ten asset managers, including Grayscale, Bitwise, 21Shares, Canary, WisdomTree, CoinShares, and Franklin Templeton, have filed for spot ETFs with the U.S. SEC. Deadlines for SEC decisions extend into October 2025, with some as early as May 2025. Polymarket bettors estimate a 79% chance of approval by year-end.
ProShares Futures ETFs: ProShares amended its filing to launch three XRP futures ETFs (UltraShort, Ultra, and Short XRP ETFs) on April 30, 2025, pending SEC approval. Futures ETFs are seen as a precursor to spot ETF approvals, as seen with Bitcoin and Ethereum.
CME Futures:
The Chicago Mercantile Exchange (CME) Group plans to launch futures trading on May 19, 2025, pending regulatory review. This move is significant, as regulated futures markets have historically supported SEC approvals for Bitcoin and Ethereum ETFs, boosting hopes for spot ETFs.
Asia’s XRP ETF Potential:
Hong Kong-based HashKey Capital is exploring ETF opportunities in Asia, leveraging the region’s crypto-friendly regulatory environment. This could drive significant institutional inflows and further XRP’s adoption in financial hubs .
DYOR.
