<ul><li>Brazil approves the first XRP ETF application, allowing investors to have direct exposure to XRP through the B3 stock exchange.</li><li>The XRP ETF approval in Brazil may accelerate the approval of XRP ETF applications in the US, as multiple firms have submitted applications for XRP-based investment products.</li><li>Upon the announcement of the XRP ETF approval in Brazil, XRP experienced a 4.7% gain, contributing to a weekly return of 9%.</li><li>An analyst predicts XRP may reach a market cap of $3.4 trillion, based on the Non-Logarithmic Measured Move and the golden ratio (Fib 1.618), suggesting a market cap of $978 billion for this cycle.</li></ul>

XRP ETF Debuts—What This Means for Ripple and Crypto Markets

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