Brazil Paves the Way with First Spot XRP ETF Listing

In a groundbreaking move for cryptocurrency investment, Brazil has launched the world’s first spot XRP exchange-traded fund (ETF). The XRPH11 ETF, introduced by asset management firm Hashdex on the B3 stock exchange on April 25th, tracks the Nasdaq XRP Reference Price Index. It holds at least 95% of its assets directly in XRP or through linked financial instruments, including futures.