The first XRP ETF has launched, can XRP beat Ethereum?

Brazil launches the world's first spot XRP ETF, XRPH11, boosting the price of XRP and fueling speculation about the potential overtaking of Ethereum. Explore the impact of ETFs and the future prospects of XRP. Major breakthrough for XRP: the first spot XRP ETF is now available in Brazil XRP has just made history in cryptocurrency! On April 25, 2025, Brazil launched the world's first spot XRP ETF, named Hashdex Nasdaq XRP Fundo de Índice (XRPH11). Managed by Hashdex and listed on Brazil's B3 exchange, this ETF provides investors with direct access to XRP — no futures contracts, no leveraged play, just pure spot action.

This is a big issue because a spot ETF really often means more adoption, greater buying pressure, and ultimately... higher prices. The timing couldn't be better — XRP has been bubbling under the surface while Bitcoin and Ethereum have captured all the attention. But now? XRP is making noise again.

How does the XRP price react? Right after the Brazil ETF launched, the price of XRP increased by more than 8% in just one day, getting closer to the $0.60 mark. Not a crazy breakout yet, but enough to awaken the bulls. Even more interesting? Trading volume on major exchanges surged by 22% after the news was announced — indicating that the market is more interested in this ETF than most people expected. And remember, we recently talked about the possibility of XRP surpassing Ethereum (ETH) in market capitalization one day if the right catalysts emerge. Yes, a spot ETF is exactly the type of catalyst that could shift the balance.

Why is this ETF important for the future of XRP Let's be realistic: XRP has always been a black sheep. The lawsuits, the drama from the SEC, market skepticism — it has gone through it all. But an official spot ETF like the one launched in Brazil sends a clear message: Organizations are starting to trust XRP again. And that is important because once larger investors start pouring money in, the liquidity, credibility, and market capitalization of XRP could explode. In addition, if the XRP ETF in Brazil is successful (initial signs indicate it will be successful), it will lay the groundwork for spot ETFs in larger markets such as the United States, Europe, and Asia. And guess what? Major companies like Grayscale, Bitwise, and 21Shares have filed for a spot ETF for XRP in the United States. If — or when — the SEC gives the green light, XRP could surge just like Bitcoin did after its spot ETF launched. So... can XRP really surpass Ethereum? No longer just a hope. Ethereum is facing its own challenges regarding scalability issues and regulatory concerns (. XRP has real-world applications for )fast and cheap cross-border payments, (. The interest of organizations is increasing. The ETF era has just begun.

If XRP continues to receive serious investment attention — and if the next US ETF — then XRP truly has a real chance of overthrowing ETH one day. That won't happen overnight, but the seeds are certainly being sown. Final thoughts The launch of the first spot ETF for XRP in the world in Brazil is not just a headline. It is a signal that the future of XRP seems stronger — and perhaps a little more golden — than in previous years.

If this growth momentum continues, if the door of institutions continues to open, and if XRP avoids any new legal troubles... we may witness the biggest comeback story of XRP ever.