#xrpetf Let's go. After years of waiting, the XRP ETF has finally been approved in the US. 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. That depends on the conclusion of Ripple's process with the SEC. Negotiations are progressing, with the SEC dropping some charges and Ripple returning part of the fine. If all goes well, the path for the spot ETF will be clearer.  

In the meantime, 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.