巴西批准Spot XRP ETF，特朗普在一夜之间抽水6.92％

根据CVM Records，新近批准的ETF目前处于运营前阶段，于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

输出：具有里程碑意义的批准

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.

根据CVM Records，新近批准的ETF目前处于运营前阶段，于2024年12月10日成立。它是由著名的巴西投资经纪公司Genial Investimentos管理的，而数字资产领域的领先资产经理Hashdex负责管理该基金。

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.

尽管尚未宣布在巴西B3交易所上的正式交易日期，但Hashdex已向当地新闻媒体Portal Do Bitcoin确认了监管部门的批准。该公司计划很快发布有关ETF的交易时间表和运营框架的其他详细信息。

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.

同时，特朗普总统发布了一个新闻报道，讲述了Ripple作为美国加密货币公司的地位。预计这将有利于Ripple与监管机构的关系，最终对XRP投资者来说是个好消息。如果特朗普参与进来，则将您的XRP价格预测提高，因为他在这里取笑。

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

特朗普总统通过X发布了有关真相社交的涟漪的新闻报道

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《新闻》中，Ripple XRP价格在一夜之间上涨了6.92％，这是唐纳德·特朗普效应的明显例子，也称为特朗普泵。

The Ripple XRP price jumped 6.92, Source: BNC XRPLX

Ripple XRP价格上涨6.92，来源：BNC XRPLX

The U.S. Contrast: SEC Still Holding Back

美国的对比：SEC仍然退缩

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.

当巴西前进时，美国仍然处于困境。美国证券交易委员会（SEC）已从主要资产经理，例如Coinshares，Bitwise，WisdomTree，21shares和Bitwise的主要资产经理收到了多个申请，但尚未批准。 SEC不愿批准此类资金的原因很大程度上是由于围绕XRP的持续监管不确定性，这与其与美国证券交易委员会的备受瞩目的法律斗争加剧了其将其分类为担保。

What This Means for Investors

这对投资者意味着什么

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，是因为它为投资者提供了受监管的XRP暴露，而无需他们直接与加密货币交易所互动或管理私钥。这降低了想要以安全，合规的方式接触Ripple的XRP的机构和散户投资者的入口障碍。

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.

摩根大通分析师预测，无论是XRP还是其他数字资产，类似的ETF的批准都可以将数十亿美元带入加​​密货币市场。尽管如果获得XRP ETF的批准，美国市场可能会看到更大的影响，但巴西的举动信号越来越不断增加全球对数字资产投资产品的接受。

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

同时，Polymarket在2025年的XRP ETF批准赔率已从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批准赔率为79％。资料来源：Polymarket

The Bigger Picture: Brazil Leading the Way in Crypto ETFs

更大的局面：巴西领先加密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.

巴西一直在采用加密ETF的最前沿，此前批准了多个比特币和以太坊ETF。 XRP的最新举动进一步巩固了该国作为对加密货币友好型投资中心的作用。它还给其他司法管辖区（特别是在美国）的监管机构施加了压力，以加速其有关数字资产ETF的决策过程。