Currently, the XRP ETF market is witnessing a significant rise, driven by positive news regarding regulatory approvals and the launch of new products.
Key developments:
Approval by the U.S. Securities and Exchange Commission (SEC): The commission approved the launch of three futures ETFs linked to XRP from ProShares, set to be launched on April 30, 2025.
Launch of the first spot ETF in Brazil: Hashdex has launched the first spot ETF for XRP in Brazil,