XRP ETF is approved in Brazil – is the US falling behind?

• Brazil approves XRP ETF and stimulates institutional acceptance and market interests.
• Braza Group launches a Stablecoin on XRP Ledger and joins the Drex Blockchain initiative of Brazil.

The anticipation around Altcoin ETFs continues to build in 2025, with Brazil taking an important step by approving XRP Exchange-Traded Fund (ETF).

Brazil gives green light to XRP ETF

For context, the Comissão de Valores Mobiliários, the securities regulator of Brazil, datum The green light for the Hashdex Nasdaq XRP Index Fund.

This coincides with XRP trade at $ 2.70 after an increase of 6.04% in the last 24 hours according to Mint market cap.

Although the official trading date on the B3 -UK fair is not known, fund manager Hashdex has confirmed that more details will be shared soon.

How will the Brazilian market favor XRP ETF favor?

With more than 200 million people, Brazil attracts more institutional and retail crypto investments by approving the XRP ETF.

This is because the ETF investments simplifies by offering a regulated vehicle, thereby eliminating the need for private portfolios and direct ownership.

That is why this step increases the acceptance and liquidity of the XRP in Brazil and extends its influence on global financial markets.

Where are the US on approving an XRP ETF?

Interesting is that this news is amid the US Sec that multiple XRP ETF files from Nasdaq and CBOE BZX exchanges exchanges.

Polymarket facts Furthermore, an 80% chance indicated that a Ripple ETF will be approved in the US by 2025.

It is remarkable that this increase in ETF activity coincides with the initiative of Braza Group to launch a Stablecoin linked to the Brazilian Real on the XRP whides.

Note which, Marcelo Sacomori, CEO of Braza Group, in a announcement said on February 19, said

“We are committed to offering a Stablecoin that not only meets but exceeds the highest standards for safety and compliance.”

Braza Group also participates in Drex, an initiative in the Central Bank that encourages asset-tokenization, cross-border payments and a potential CBDC.

By approving XRP and promoting tokenization, Brazil strengthens its digital asset detection, making more institutional crypto products possible.