巴西批准Spot XRP ETF，特朗普在一夜之間抽水6.92％

根據CVM Records，新近批准的ETF目前處於運營前階段，於2024年12月10日成立。

Brazil Approves First Spot XRP Exchange-Traded Fund (ETF)

巴西批准第一名XRP交易所交易基金（ETF）

output: A Landmark Approval

輸出：具有里程碑意義的批准

The newly approved ETF, currently in its pre-operational phase, was established on December 10, 2024, according to CVM records. It is administered by Genial Investimentos, a well-known Brazilian investment brokerage firm, while Hashdex, a leading asset manager in the digital asset space, is responsible for managing the fund.

根據CVM Records，新近批准的ETF目前處於運營前階段，於2024年12月10日成立。它是由著名的巴西投資經紀公司Genial Investimentos管理的，而數字資產領域的領先資產經理Hashdex負責管理該基金。

While an official trading launch date on Brazil’s B3 exchange has yet to be announced, Hashdex has confirmed to Portal do Bitcoin, a local news outlet, that the regulatory approval is in place. The firm plans to release additional details soon regarding the ETF’s trading schedule and operational framework.

儘管尚未宣佈在巴西B3交易所上的正式交易日期，但Hashdex已向當地新聞媒體Portal Do Bitcoin確認了監管部門的批准。該公司計劃很快發布有關ETF的交易時間表和運營框架的其他詳細信息。

Meanwhile, President Trump posted a news story about Ripple’s status as a U.S. crypto company. This is expected to favor Ripple’s relationship with regulators, and ultimately, that’s good news for XRP investors. Adjust your XRP price predictions higher if Trump gets involved, as he is teasing here.

同時，特朗普總統發布了一個新聞報導，講述了Ripple作為美國加密貨幣公司的地位。預計這將有利於Ripple與監管機構的關係，最終對XRP投資者來說是個好消息。如果特朗普參與進來，則將您的XRP價格預測提高，因為他在這裡取笑。

President Trump posted a news story about Ripple on Truth Social, via X

特朗普總統通過X發布了有關真相社交的漣漪的新聞報導

The Ripple XRP price jumped 6.92% overnight on the news, a clear example of the Donald Trump effect, also known as the Trump Pump.

在《新聞》中，Ripple XRP價格在一夜之間上漲了6.92％，這是唐納德·特朗普效應的明顯例子，也稱為特朗普泵。

The Ripple XRP price jumped 6.92, Source: BNC XRPLX

Ripple XRP價格上漲6.92，來源：BNC XRPLX

The U.S. Contrast: SEC Still Holding Back

美國的對比：SEC仍然退縮

While Brazil moves ahead, the U.S. remains in limbo. The Securities and Exchange Commission (SEC) has received multiple applications for a spot XRP ETF from major asset managers such as CoinShares, Bitwise, WisdomTree, 21Shares, and Bitwise, but no approvals have been granted yet. The SEC’s reluctance to approve such funds is largely due to ongoing regulatory uncertainty surrounding XRP, exacerbated by its high-profile legal battle with the U.S. Securities and Exchange Commission over its classification as a security.

當巴西前進時，美國仍然處於困境。美國證券交易委員會（SEC）已從主要資產經理，例如Coinshares，Bitwise，WisdomTree，21shares和Bitwise的主要資產經理收到了多個申請，但尚未批准。 SEC不願批准此類資金的原因很大程度上是由於圍繞XRP的持續監管不確定性，這與其與美國證券交易委員會的備受矚目的法律鬥爭加劇了其將其分類為擔保。

What This Means for Investors

這對投資者意味著什麼

The launch of a spot XRP ETF in Brazil is significant because it provides investors with regulated exposure to XRP without requiring them to engage directly with cryptocurrency exchanges or manage private keys. This lowers the entry barrier for institutional and retail investors who want exposure to Ripple’s XRP in a secure, compliant manner.

在巴西的XRP ETF推出之所以很大，是因為它為投資者提供了受監管的XRP暴露，而無需他們直接與加密貨幣交易所互動或管理私鑰。這降低了想要以安全，合規的方式接觸Ripple的XRP的機構和散戶投資者的入口障礙。

JPMorgan analysts have projected that the approval of similar spot ETFs—whether in XRP or other digital assets—could bring billions of dollars into the crypto market. While the U.S. market would likely see a much larger impact if an XRP ETF were approved, Brazil's move signals growing global acceptance of digital asset investment products.

摩根大通分析師預測，無論是XRP還是其他數字資產，類似的ETF的批准都可以將數十億美元帶入加​​密貨幣市場。儘管如果獲得XRP ETF的批准，美國市場可能會看到更大的影響，但巴西的舉動信號越來越不斷增加全球對數字資產投資產品的接受。

Meanwhile Polymarket’s XRP ETF approval odds in 2025 have increased from 70% in January to 79% today.

同時，Polymarket在2025年的XRP ETF批准賠率已從1月的70％增加到今天的79％。

XRP ETF approval odds for 2025 are 79%. Source: Polymarket

2025年的XRP ETF批准賠率為79％。資料來源：Polymarket

The Bigger Picture: Brazil Leading the Way in Crypto ETFs

更大的局面：巴西領先加密ETF

Brazil has been at the forefront of crypto ETF adoption, having previously approved multiple Bitcoin and Ethereum ETFs. This latest move with XRP further cements the country’s role as a crypto-friendly investment hub. It also puts pressure on regulators in other jurisdictions, particularly in the U.S., to accelerate their decision-making process regarding digital asset ETFs.

巴西一直在採用加密ETF的最前沿，此前批准了多個比特幣和以太坊ETF。 XRP的最新舉動進一步鞏固了該國作為對加密貨幣友好型投資中心的作用。它還給其他司法管轄區（特別是在美國）的監管機構施加了壓力，以加速其有關數字資產ETF的決策過程。