In a historic step 🇧🇷, Brazil launched the world's first Spot ETF for XRP, named "Hashdex Nasdaq XRP Index Fund" (trading symbol: XRPH11), which began trading on April 25, 2025, on the B3 exchange. This fund tracks the spot price of XRP using the Nasdaq XRP Reference Price Index and invests at least 95% of its assets in XRP and related digital assets.

On the other hand, the U.S. Securities and Exchange Commission (SEC) has approved the launch of three futures ETFs linked to XRP from ProShares, set to begin trading on April 30, 2025. These funds include:

1- ProShares Ultra XRP ETF

2- ProShares UltraShort XRP ETF

3- ProShares Short XRP ETF

These funds provide investors exposure to XRP price movements without the need to directly own the currency, reflecting increasing regulatory acceptance of XRP as an asset class.

In the end, with ongoing regulatory developments and the launch of XRP-linked ETFs, the market is expected to witness notable movements in the coming months. Some analysts believe that approval for spot ETFs in the United States could be the next step, further enhancing XRP's position in global financial markets.

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