#XRPETFs XRP Futures ETFs Approved in the US: The SEC has approved ProShares to launch three XRP Futures ETFs on April 30, 2025. These include the Ultra XRP ETF (2x leverage), Short XRP ETF (-1x leverage), and Ultra Short XRP ETF (-2x leverage).

* First XRP Futures ETF Already Trading: Teucrium's XRP futures ETFs began trading on the New York Stock Exchange on April 8th.

* First XRP Spot ETF Launched in Brazil: Hashdex launched the "world's first XRP spot ETF" in Brazil under the ticker XRPH11.

What are Futures ETFs?

* These ETFs provide exposure to the price movements of XRP futures contracts, allowing investors to bet on XRP's price without directly holding the token.

Significance of These Developments:

* Regulated Access: These ETFs offer a regulated way for investors to gain exposure to XRP.

* Potential for Institutional Interest: This could pave the way for more institutional investment in XRP.

* Precedent for Spot ETFs: The launch of futures ETFs could be a positive step towards the approval of a US XRP spot ETF, similar to how Bitcoin futures ETFs preceded spot ETFs.

Prospects for a US XRP Spot ETF:

* Optimism is Growing: There's increasing optimism that the SEC will approve a spot XRP ETF, with some prediction platforms showing high probabilities for approval this year.