Muhammad Abubakar Tariq l

🪙🚀Stock market information for XRP (XRP) XRP is a crypto in the CRYPTO market. The price is 2.17 USD currently with a change of -0.06 USD (-0.03%) from the previous close. The intraday high is 2.24 USD and the intraday low is 2.17 USD. The XRP ETF landscape is rapidly evolving, with significant developments both internationally and in the U.S. 🌎 Global Milestone: Brazil Launches First Spot XRP ETF On April 25, 2025, Brazil's B3 stock exchange introduced the world's first spot XRP ETF, named Hashdex Nasdaq XRP Fundo de Índice (XRPH11). Managed by Hashdex, this ETF tracks XRP's price using the Nasdaq XRP Reference Price Index. The launch signifies a major step toward mainstream crypto adoption, offering Brazilian investors direct exposure to XRP without the need to hold the asset themselves. In the United States, the first XRP ETF, Teucrium's 2x Long Daily XRP ETF (XXRP), debuted on April 8, 2025. This leveraged ETF aims to deliver twice the daily returns of XRP through swap agreements. On its debut, it achieved $5 million in trading volume, ranking it among the top 5% of new ETF launches. Looking ahead, ProShares is set to launch three XRP Futures ETFs on April 30, 2025: ProShares UltraShort XRP ETF ProShares Ultra XRP ETF ProShares Short XRP ETF These ETFs will offer investors exposure to XRP price trends without holding the token directly, reflecting growing regulatory acceptance of XRP as an asset class. Analysts anticipate that these developments in futures-based ETFs could pave the way for the approval of a spot XRP ETF in the U.S. Polymarket, a prediction platform, currently assigns a 77% probability to the approval of a U.S. spot XRP ETF within the year. 🚀📈 XRP Price Outlook Amid ETF Momentum As of April 27, 2025, XRP is trading at approximately $2.17. The introduction of XRP ETFs, both internationally and domestically, has bolstered investor sentiment. Analysts suggest that a favorable resolution of the ongoing SEC lawsuit against Ripple, combined with #xrpetf $XRP