#XRPETF

🧾 XRP-related ETFs

1. ProShares XRP Futures ETFs (USA)

• Launch date: Expected on April 30, 2025.

• Type: Futures ETF, including:

• ProShares UltraShort XRP ETF

• ProShares Ultra XRP ETF

• ProShares Short XRP ETF

• Meaning: Allows investors to access XRP price volatility without directly owning the token.  

2. 21Shares XRP ETP (Europe)

• Trading code: AXRP

• Features: 100% backed by physical XRP, providing a simple and transparent approach for investors.

• Assets under management: Over 600 million USD. 

3. XRPH11 – First spot ETF in Brazil

• Launch: On Brazil's B3 exchange.

• Meaning: Marks a significant step in the acceptance of XRP in the Latin American market. 

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📈 Impact on XRP price

• Price increase: After the ETF news, the price of XRP rose about 12.7%, from 0.52 USD to 0.59 USD within two hours.

• Trading volume: Increased by 38%, reaching 2.1 billion USD on major exchanges like Binance and Coinbase.

• Future expectations: If the SEC withdraws its appeal and reaches a settlement with Ripple, the price of XRP could head towards an all-time high of 3.55 USD, possibly reaching 5 USD in the long term.  

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⚠️ Risks to consider

• Futures ETF: Does not accurately reflect the spot price of XRP and can cause significant volatility.

• Leveraged ETF: Like XXRP, offers double daily returns but comes with high risk and is not suitable for long-term holding.

• Legal situation: The lawsuit between Ripple and the SEC is not yet fully resolved, which may affect investor sentiment.