Hashdex has launched the first XRP spot ETF, XRPH11, on Brazil's B3 stock exchange, marking a significant milestone in crypto investment.
This ETF targets institutional investors and allocates at least 95% of its assets to XRP, highlighting Brazil's innovative approach to crypto regulation.
By pioneering such products, Brazil positions itself ahead of other markets like the U.S. and EU, potentially influencing global crypto product development.
With a focus on transparency and regulatory compliance, this ETF aims to enhance confidence among institutional investors in the region.
Full story here: https://coincu.com/334399-first-xrp-spot-etf-brazil-b3
