On the last week of April 2025, the first XRP-based ETF product was officially launched in Brazil, marking a new milestone for the adoption of this asset. Although this product is not yet available in the United States, the launch in international markets increases optimism that approval in the US is just a matter of time.

In line with this, several large asset managers, including 21Shares and Bitwise, are awaiting SEC approval for their XRP ETFs. The market views this move as an important signal that XRP is increasingly gaining institutional recognition, especially after XRP was legally declared not a security in some of its cases against the SEC last year.

The current price of XRP is stable around $0.62, with daily trading volume increasing by nearly 8%. Some analysts estimate that if the XRP ETF gets the green light in the US, the price of XRP could potentially strengthen above $1 in the short term.

Investors are now closely monitoring regulatory movements in the US while keeping an eye on the launch of other XRP derivative products set to begin at CME Group next month.