#XRPETF The landscape of exchange-traded funds (ETFs) linked to XRP is taking shape in 2025. The U.S. Securities and Exchange Commission (SEC) has acknowledged multiple applications, including those from Grayscale, 21Shares, and Franklin Templeton, initiating a 240-day review process that could culminate in October of this year.

In Brazil, the Securities and Exchange Commission (CVM) has approved the first spot XRP ETF, the HASHDEX NASDAQ XRP INDEX FUND, marking a milestone in the institutional adoption of cryptocurrencies in Latin America.

Bloomberg analysts estimate a 65% probability of approval for an XRP ETF in the U.S. by the end of 2025, especially following the court ruling that determined XRP is not a security when traded on public exchanges.

Ripple's CEO, Brad Garlinghouse, has expressed optimism about launching an XRP ETF before the end of the year, citing legal advancements and growing institutional interest.

With the shift in the SEC's direction and a more favorable regulatory environment, the launch of an XRP ETF could be closer than we think. Stay tuned for updates and consider the implications for your investment strategies.