The #XRPETF XRP ETF (Exchange-Traded Fund) provides investors with a channel to indirectly invest in XRP through traditional financial markets without needing to hold the tokens directly. In 2025, the XRP ETF made significant progress:

1. Brazil took the lead in launching a spot ETF: On April 25, the world's first XRP spot ETF (XRPH11) was listed on Brazil's B3 exchange, adopting a "spot + derivatives" dual-track strategy, with a management fee of only 0.7%, attracting institutional capital inflow.

2. The U.S. approved a futures ETF: The SEC approved ProShares' 2x leveraged XRP futures ETF in April, which was listed on the NYSE on April 30, further promoting institutional participation.

3. Market impact: The ETF enhances XRP liquidity and legitimacy, with Standard Chartered predicting that if the U.S. spot ETF is approved, it could bring in $8 billion within 12 months. However, it may increase volatility in the short term, and regulatory uncertainties (such as the aftermath of the SEC lawsuit) remain a risk.

The compliance process of the XRP ETF marks a key step towards mainstream finance, and long-term prices may benefit from increased institutional demand.