Brazil Introduces First-Ever XRP Spot ETF, Revolutionizing Crypto Investment

Hashdex’s groundbreaking XRP spot ETF has begun trading on Brazil’s B3 stock exchange, marking a significant milestone for crypto investments globally. This innovative product is designed to provide institutional investors with regulated exposure to XRP. With at least 95% of its net assets allocated to XRP, the XRPH11 ETF reflects Brazil’s pioneering approach to regulatory frameworks for digital assets. By becoming the first market to launch such an ETF, Brazil sets a precedent that may inspire other countries to follow suit.