First XRP-Linked ETF Launches on Brazilian Exchange

A landmark achievement in the cryptocurrency market has been made as the world’s first spot exchange-traded fund (ETF) linked to XRP officially debuted on April 25, 2025. The pioneering XRPH11 ETF was launched by Hashdex in partnership with Genial Investimentos and is listed on Brazil’s B3 stock exchange. This new offering, tracking the Nasdaq XRP Reference Price Index, promises to offer investors a unique and direct way to invest in XRP. Hashdex has confirmed that 95% of the fund’s assets will be dedicated to XRP.