#XRPETFs XRPETFs An XRP ETF is a financial product that would allow investors to gain exposure to the price movements of XRP without directly buying, holding, and managing the cryptocurrency itself. It would trade on traditional stock exchanges, making it more accessible to a wider range of investors, including institutions.
There are different types of crypto ETFs:
* Spot XRP ETF: This type of ETF would directly hold XRP. Its price would closely track the actual price of XRP.
* XRP Futures ETF: This type of ETF invests in futures contracts of XRP. These contracts are agreements to buy or sell XRP at a specific price on a future date. The price of a futures ETF may not always perfectly track the spot price of XRP.
Current Status of XRP ETFs:
* Futures ETFs Approved in the US: The US SEC has approved the launch of XRP futures ETFs. ProShares is set to launch three XRP futures ETFs (Ultra XRP, Short XRP, and UltraShort XRP) on April 30, 2025. Teucrium Investment Advisors already launched their 2x Long Daily XRP ETF, an XRP futures ETF, on April 8.
* Spot ETF Approved in Brazil: Hashdex launched the world's first spot XRP ETF in Brazil on April 25, 2025.