In April 2025, significant progress was made regarding ETF funds based on XRP, especially in the United States and Brazil.

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🇺🇸 ProShares: Three ETF funds based on XRP futures contracts

The American company ProShares received SEC approval to launch three ETF funds based on XRP futures contracts: 

• Ultra XRP ETF: offers 2x leverage on price increases

• Short XRP ETF: allows earning from price decreases

• Ultra Short XRP ETF: offers 2x leverage on price decreases

Initially, their debut was planned for April 30, but according to Bloomberg analyst James Seyffart, the launch has been delayed and a new date has not yet been announced.

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🇧🇷 Brazil: The world's first spot XRP ETF

In Brazil, the company Hashdex launched the world's first spot XRP ETF, providing investors with direct exposure to the asset.

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📈 Impact on XRP price

After the announcement of the approval of ETF funds by ProShares, the price of XRP rose by about 3.5%, reaching $2.27.

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