#XRPETF Let's go. After years of waiting, the XRP ETF has finally been approved in the USA. The SEC has given the green light for ProShares ETFs, which will debut on April 30. There are three products: UltraShort, Ultra, and Short XRP ETFs, all based on futures.

But hold on, it's still not the long-awaited spot ETF. This depends on the end of the process between Ripple and the SEC. Negotiations are progressing, with the SEC withdrawing some of the charges and Ripple returning part of the fine. If all goes well, the path for the spot ETF becomes clearer.

Meanwhile, Brazil has taken the lead and launched the world's first spot XRP ETF, through Hashdex, on B3. This shows that institutional demand is growing and that XRP is gaining traction in the traditional market.

In the market, XRP is already feeling the effects. The price has risen to US$ 2.23, and trading volume has increased significantly.