#TrumpTaxCuts Here are some relaxed news about the XRP ETF to digest:
First of all, Brazil has just launched the world's first spot XRP ETF, XRPH11, thanks to Hashdex and Genial Investimentos on the B3 exchange. It is aimed at professionals who want pure exposure to XRP without juggling portfolios and private keys.
On the other side, in the United States, ProShares is preparing to launch three XRP futures ETFs on April 30—think UltraShort XRP, Ultra XRP, and Short XRP—which provide traders with easy exposure to futures contracts of the Ripple token.
And don't forget the recent launch of Teucrium's 2x Long Daily XRP ETF (symbol: XXRP), designed for short-term traders looking to capitalize on volatility with leverage. On its first day, it traded over 215,000 shares, showing that there is a real appetite for XRP-based products.