#XRPETF

The U.S. Securities and Exchange Commission (SEC) approved the launch of exchange-traded funds (ETFs) for XRP from ProShares, with trading set to begin on April 30, 2025. These funds provide direct or enhanced exposure to the price of XRP through futures contracts. The Brazilian exchange B3 has also launched the first spot ETF for XRP named XRPH11. These developments may enhance the adoption of XRP and increase institutional interest in it.