#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 30th. There are three products: UltraShort, Ultra, and Short XRP ETFs, all based on futures.

But hold on, it’s still not the much-anticipated spot ETF. That depends on the conclusion of Ripple's process with the SEC. The negotiations are progressing, with the SEC withdrawing some of the charges and Ripple returning part of the fine. If everything 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 ground in the traditional market.

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

So, what to expect? If the spot ETF is approved in the USA, XRP could gain even more traction. But, as always, it’s good to keep an eye on the upcoming movements and remain cautious.