#XRPETF **Brazil Pioneers Global Crypto Market with Launch of First Spot XRP ETF**
In a groundbreaking move for the cryptocurrency sector, Brazil has become the first country to debut a spot XRP exchange-traded fund (ETF), named **XRPH11**. Announced by crypto analyst Amelie via social media platform X, this milestone underscores a major advancement for XRP and the broader digital asset landscape. ### **A New Chapter for XRP and Financial Innovation** The launch of XRPH11 positions Brazil a
On April 25, Brazil’s B3 stock exchange debuted the world’s first spot exchange-traded fund (ETF) linked to XRP, managed by Genial Investimentos and launched by asset management firm Hashdex. Trading under the ticker symbol **XRPH11**, the ETF follows the Nasdaq XRP Reference Price Index, with Hashdex confirming that over 95% of the fund’s holdings will be allocated to XRP. This marks Hashdex’s ninth ETF listing on B3, reinforcing its presence in Brazil’s ETF market.
To mirror the index’s performance, the fund may utilize direct XRP holdings, derivatives such as futures contracts, or other financial instruments tied to Nasdaq’s benchmark pricing. This approach allows investors to gain exposure to XRP’s price movements through regulated market mechanisms.
The ETF’s introduction broadens Brazil’s crypto investment options, offering institutional and retail investors a regulated pathway to participate in the digital asset ecosystem. This development aligns with growing demand for cryptocurrency-linked financial products in emerging markets.
Investors are closely monitoring pivotal developments that could reshape the XRP landscape. On April 26, XRP edged up 0.42% to close at $2.1916, partially recovering from a 1.03% decline the prior day. This modest rebound aligned with a 0.31% uptick in the broader cryptocurrency market, lifting its total valuation to $2.92 trillion.
Adding momentum, ProShares announced plans to debut three XRP-linked futures ETFs on April 30, amplifying investor enthusiasm for accessible XRP investment avenues. Meanwhile, market observers suggest that regulatory approvals for XRP-spot ETFs may hinge on two critical factors: the SEC dropping its appeal in the ongoing Ripple lawsuit and a settlement favorable to Ripple Labs. These milestones could pave the way for institutional adoption and renewed market confidence.
Bitcoin is facing rejection from the horizontal supply zone after breaking out of the falling wedge pattern. The 50MA and 100MA are providing strong support below the price action.
A breakout above the supply zone would signal further upside, while a short-term correction remains possible at this level. Monitor the price action closely.
#BinanceHODLerSIGN Best coins to hold in this month for April 2025, here are the top cryptocurrencies to consider holding for a **1-month horizon**, prioritized by potential short-term catalysts, technical indicators, and recent developments ### 1. **Hyperliquid (HYPE)** - **Recent Momentum**: Recovered **80%** from its April low, trading near $20 resistance. A breakout could target $30–$35, driven by bullish technical setups (descending wedge pattern) . - **Market Dominance**: Commands **
BNB is consolidating within a symmetrical triangle pa$ttern, currently facing rejection from the resistance trendline, with the 200MA acting as an additional barrier above the price.
Meanwhile, the Ichimoku Cloud is providing support below the price action. A breakout or breakdown from the triangle will confirm the next major move. Keep a close watch for further developments.
Bitcoin has broken out of a falling wedge pattern with strong volume, signaling robust bullish momentum. The price is now testing a critical horizontal resistance zone, where a temporary pullback may occur due to selling pressure.
On the supportive side, the Ichimoku Cloud is holding as a dynamic cushion beneath the current price, reinforcing bullish sentiment.
A decisive close above this resistance zone would confirm a continuation of the uptrend. Keep a close watch on price action for confirmation of the next directional move.
The total cryptocurrency market cap has broken out of the descending channel with strong volume and has shown a solid bounce. It is now testing the horizontal supply zone as resistance, while the 100MA is providing support below.
A breakout above this supply zone could trigger the next bullish rally across the market. However, failure to break through may lead to a pullback from this level.
$BTC Between January and March, approximately 62,800 BTC dormant for over seven years were moved, compared to just 28,000 BTC during the same period in 2024, according to data from CryptoQuant.
When it comes to SPOT, INJ is the good choice, , currently we are heading until the neckline of 10.90 Resistance. Where we will be rejecting off of it in-order to form an inverse head and shoulders pattern. Which will lead to a magical strong pump until the price of $16 up-to $20
$ETH hs been consistently around 1700 for the recent past few day, it expected to maintain its bullish momentum continuously it's price is predicted to reach up to 1k till 2030
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**Ethereum (ETH) dipped 1% on Friday as selling pressure outweighed buying activity over the past day. However, despite the short-term bearish trend, rising inflows into accumulation wallets and a drop in net taker volume suggest a slow resurgence of bullish sentiment.**
**Ethereum accumulation wallets remain strong despite sell-off** Ethereum accumulation addresses—which track wallets that have only received, never spent ETH—have seen growing confidence, with inflows exceeding 1.11 million ETH between April 17 and 23. Notably, nearly half of these inflows occurred after Tuesday’s price rally.
**Ethereum (ETH) dipped 1% on Friday as selling pressure outweighed buying activity over the past day. However, despite the short-term bearish trend, rising inflows into accumulation wallets and a drop in net taker volume suggest a slow resurgence of bullish sentiment.**
**Ethereum accumulation wallets remain strong despite sell-off** Ethereum accumulation addresses—which track wallets that have only received, never spent ETH—have seen growing confidence, with inflows exceeding 1.11 million ETH between April 17 and 23. Notably, nearly half of these inflows occurred after Tuesday’s price rally.
price prediction for future till 2030, it's going to rock