Brazil

Hashdex has launched the world’s first spot XRP exchange-traded fund (ETF) in collaboration with Genial Investimentos. Listed under the ticker XRPH11, the fund has begun trading on Brazil’s B3 exchange.
XRPH11, which tracks the Nasdaq XRP Reference Price Index, is designed to allocate at least 95% of its net assets directly to XRP. Hashdex noted that exposure to XRP can be achieved through direct coin ownership, futures contracts that replicate the index’s performance, or other financial instruments that mirror Nasdaq’s benchmark.
XRP Spot ETFs have not yet been approved in the US, but Bloomberg analysts believe that many altcoin ETFs, including XRP, $XRP will eventually gain approval under the Trump administration.
This launch marks Hashdex’s ninth ETF offering in B3, expanding its single-asset crypto ETF lineup that already includes products linked to Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
#NASDAQ
$XRP
#Brazil

Source: Jelajahcoin.com
On April 25, 2025, #Brazil officially launched the world's first spot ETF $XRP with the code XRPH11 on their main stock exchange, B3.
This ETF is managed by the renowned asset management company Hashdex and aims to track the spot price of XRP using the Nasdaq index.
This move marks a new history in the global financial industry as previously the majority of crypto ETFs were based on Bitcoin or Ethereum.
This impressive launch demonstrates how quickly the adoption of digital assets is occurring within traditional finance.

Brazil has officially launched the world’s first spot XRP ETF. The fund, titled XRPH11, began trading on April 25, 2025, on B3, the country’s principal stock exchange. Issued by Hashdex and managed by Genial Investimentos, this marks another milestone in Brazil's progressive approach to digital assets—cementing its leadership in the Latin American crypto market.
XRPH11 Offers Direct Exposure to XRP via Nasdaq Price Index
XRPH11 is structured to track the Nasdaq XRP Reference Price Index, allocating at least 95% of its assets directly or indirectly to XRP. This includes exposure through spot XRP, futures contracts, and other crypto instruments. While its initial trading volume hasn’t yet been made public, the ETF is now live and listed on B3’s official website.
The launch of XRPH11 positions Hashdex at the forefront of crypto innovation in Brazil. This is the company’s ninth crypto ETF, following previous offerings for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).
Institutional Appeal: A Regulated Gateway to XRP
According to Samir Kerbage, Chief Investment Officer at Hashdex, XRPH11 is designed primarily for institutional and sophisticated investors. The goal is to provide a regulated and transparent investment vehicle aligned with Brazilian securities laws, while offering direct exposure to XRP without the complexities of self-custody.
Kerbage emphasized that the fund is structured with investor protection and transparency as core principles—key factors in gaining the trust of the professional investment community.
The Global XRP ETF Race: Brazil Leads, U.S. Lags Behind
Globally, XRP-focused ETFs currently manage around $950 million in assets, according to CoinShares. However, the market is heating up. Last week alone, XRP-related products saw $37.7 million in inflows—the highest across all crypto-based exchange-traded products (ETPs).
Analysts at JPMorgan project that XRP ETFs could eventually attract up to $8 billion in net inflows, driven by institutional interest and retail demand. While Brazil’s ETF market makes up only 0.9% of the global crypto ETP sector, the country’s early move could attract international investors, especially if U.S. regulators continue to delay their approvals.
Polymarket, a prediction platform, currently gives a 74% probability that the U.S. will approve a spot XRP ETF sometime in 2025.
A Bold Bet with Mixed Precedents
While XRPH11’s launch is being hailed as groundbreaking, success is not guaranteed. Brazil previously launched a Solana ETF in 2024, which failed to garner significant attention or trading volume.
If XRPH11 underperforms, it may not only disappoint investors but could also affect XRP’s price in the short term. Still, the positive sentiment surrounding XRP’s regulatory progress and increasing institutional interest suggests a more optimistic trajectory for XRPH11.
The post appeared first on CryptosNewss.com
#xrpetf #XRPETFApproval #BrazilxrpETF #Brazil $XRP

A case that shocked the cryptocurrency market has just concluded in Brazil as three defendants in the Bitcoin investment fraud case named Braiscompany were sentenced to a total of 170 years in prison. This is considered the largest crypto fraud ever recorded in this country, with embezzled amounts reaching up to 190 million USD from over 20,000 investors.

Promising profits from Bitcoin – the beginning of a sophisticated scam

#binance
Binance Secures Regulatory Authorization in Brazil, Its 21st Globally
Main Takeaways
Binance has secured approval from the Central Bank of Brazil for the acquisition of a locally licensed broker-dealer institution in Latin America’s most populous country, marking its 21st global regulatory milestone and solidifying its status as the most licensed cryptocurrency exchange worldwide.

Binance CEO Richard Teng highlighted Brazil's burgeoning crypto adoption and emphasized the company's commitment to providing a secure and innovative platform for local users.

Binance's regulatory milestone in Brazil follows similar achievements in Argentina, India, Kazakhstan, and others, highlighting its commitment to growing crypto adoption in a responsible and sustainable manner.

In a development that underscores Binance’s commitment to adhering to the highest regulatory standards both globally and regionally, we have recently secured approval from the Central Bank of Brazil for the acquisition of Sim;paul, a broker-dealer licensed in Latin America’s most populous country. This achievement marks our 21st global regulatory milestone, further solidifying our status as the cryptocurrency exchange with the greatest number of licenses, registrations, and authorizations across the world.

Brazil: Embracing the Future of Finance
By receiving full approval for the takeover of Sim;paul – a licensed broker-dealer authorized to distribute securities and to issue electronic money (EMI) by the Central Bank of Brazil, Binance, which was already operating in compliance with the regulatory requirements in the country as a global exchange, can be more efficient in complying with the ongoing regulatory advancements. The approval also makes Binance the first crypto exchange to have a broker-dealer license in Brazil.

Richard Teng, Binance's Chief Executive Officer, highlighted the importance of this achievement, saying, "We are thrilled to announce our latest regulatory approval. A market with burgeoning crypto adoption, Brazil is home to a vibrant and dynamic community that is readily embracing the future of finance. We thank local regulators for their commitment to defining clear rules for this important, growing industry. This approval underscores our commitment to compliance and security, and we look forward to continuing to provide our local users with a secure, reliable, and innovative platform for their digital-asset needs."

Ranking 10th in Chainalysis global adoption index, Brazil is taking a forward-looking approach to setting specific rules for the crypto industry. The Central Bank and the Brazilian IRS have published proposals for a dedicated regulatory framework, putting it up for public consultations for market participants and experts to make suggestions, while in Congress legislators discuss federal bills on asset segregation and stablecoins, which are also relevant for the sector.

Guilherme Nazar, Head of Latin America for Binance, commented, “This approval marks a significant milestone in our ongoing commitment to expanding our products and services in Brazil. It highlights our dedication to compliance and regulatory excellence while enhancing our ability to provide secure and innovative financial solutions to our growing user base in the country. We look forward to taking this opportunity to further drive the adoption of digital assets and deliver unparalleled value to our clients in Brazil."

Starting 2025 on a High Note
Binance's registration in Brazil follows other recent regulatory advancements across the globe this year, including in Argentina, India, Kazakhstan, and Indonesia. This dynamic showcases Binance’s sustained global momentum and adds to previously secured licenses, registrations, and authorizations in jurisdictions like Dubai, France, Japan, El Salvador, and others.

In line with its global standards, our compliance program includes robust anti-money laundering (AML) policies and controls and a comprehensive framework for combating the financing of terrorism (CFT). In addition to that, key components of Binance's compliance program include robust identity verification processes (Know Your Customer and Know Your Business, or KYC and KYB) and the industry-leading Financial Crime Compliance (FCC) unit, designed to assist law enforcement in investigating crypto asset-related crimes and capacity building, thereby strengthening the collaborative security of the ecosystem.

Furthermore, we have expanded our global compliance team by 34% to 645 full-time employees, including strategic senior hires. We employ over 1,000 compliance staff and contractors, ensuring that we dedicate sufficient resources to drive Binance and the larger crypto ecosystem’s growth sufficiently and responsibly.

Further Reading
Binance Records Its 20th Global Regulatory Milestone With Registration in Argentina

Binance Achieves Its 19th Global Regulatory Milestone With Registration in India

Binance Kazakhstan: The First to Secure a
Full Regulatory License From AFSA
#Brazil

🚨🔥 BREAKING NEWS: World’s First Spot XRP ETF Approved in Brazil! 🇧🇷🚀
This is a MASSIVE milestone for XRP and Ripple after years of legal battles ⚖️ and challenges. Here’s why this is a GAME-CHANGER for the crypto world:

✨ Why This is HUGE for XRP:
✅ First Spot XRP ETF Ever – Brazil is leading the way in crypto innovation, setting a precedent for other countries to follow. 🌍
✅ Mainstream Adoption – ETFs make it easier for institutional and retail investors to gain exposure to XRP without directly holding the asset. 💼📈
✅ Regulatory Confidence – After years of legal battles with the SEC, this approval signals growing trust and legitimacy for XRP. ⚖️✅
✅ Increased Liquidity – The ETF will likely drive more trading volume and liquidity for XRP, boosting its market presence. 💧📊
✅ Global Ripple Effect – This could pave the way for similar ETFs in other countries, opening doors for global adoption. 🌐🚪

💡 What This Means for the Crypto Market:
🔥 XRP Price Potential – With increased accessibility and demand, XRP could see significant price movement. 📈💎
🌱 Ripple’s Growth – Ripple’s ecosystem and partnerships could expand further, solidifying its position in the crypto space. 🤝💼
🎯 Crypto Legitimacy – This approval reinforces the growing acceptance of cryptocurrencies in traditional financial systems. 🏦🔗

🚀 The Future Looks Bright for XRP!
Let’s celebrate this historic moment and watch how this unfolds for the crypto world. 🌟
👇 What do you think? Will this spark a wave of XRP ETFs globally? Let’s discuss! 💬
#XRP #Ripple #Crypto #ETF #Brazil #ToTheMoon 🚀🌕