
XRP First-Ever Spot ETF Drops 20%—Can a U.S. Approval Spark a Turnaround?
XRP ETF Debut Meets Harsh Reality in Brazil The world’s first spot Ripple ETF, launched under the ticker XRPH11 on Brazil’s B3 stock exchange, is facing a rocky start. Issued by asset manager Hashdex, the ETF has declined over 20% since its late-April debut, falling in tandem with XRP’s own market volatility. On June 13,…