XRP gained 4.5% in early U.S. trading on Thursday after the Securities and Exchange Commission (SEC) acknowledged multiple spot XRP exchange-traded fund (ETF) filings. At the same time, asset manager Hashdex received regulatory approval from Brazil’s Comissão de Valores Mobiliários (CVM) – the country’s SEC-equivalent authority – to launch what could become the world's first spot XRP ETF,

Brazil has approved the world’s first spot XRP ETF, issued by Hashdex with Genial Investimentos as the administrator. The move highlights Brazil’s growing institutional demand