Brazil Launches World’s First XRP Spot ETF on B3, Driving Crypto Investment Growth

Brazil has made a groundbreaking move by launching the world’s first spot XRP ETF on its main stock exchange, B3. Managed by Hashdex, the XRPH11 fund tracks the Nasdaq XRP Reference Price Index and invests at least 95% of its assets in XRP and related financial instruments. This launch marks a significant step forward for crypto-related investment products in Latin America.