#XRPETF In the final week of April 2025, Brazil officially launched the first XRP-based ETF, marking a significant milestone in the asset’s adoption. While the product is not yet available in the United States, its debut in international markets has fueled optimism that U.S. approval may only be a matter of time.

Reflecting this momentum, several major asset managers, including 21Shares and Bitwise, are currently awaiting SEC approval for their own XRP ETF proposals. The market views these developments as a strong signal that XRP is gaining broader institutional recognition, particularly after it was legally determined not to be a security in certain cases against the SEC last year.

At present, XRP is trading steadily around $0.62, with daily trading volume up nearly 8%. Some analysts predict that if a U.S.-based XRP ETF is approved, XRP’s price could quickly climb above $1.

Investors are now closely watching regulatory updates in the U.S., while also preparing for the launch of new XRP derivative products at CME Group, scheduled for next month.