Hashdex Launches World’s First XRP Spot ETF in Brazil

Brazilian asset manager Hashdex has made history by launching **XRPH11**, the **world’s first XRP spot ETF**. Listed on the Brazilian stock exchange, the ETF offers investors direct exposure to XRP by tracking the **Nasdaq XRP Reference Price Index**.

With **95%** of the fund’s assets allocated directly to XRP, XRPH11 provides a regulated and secure way for both retail and institutional investors to gain exposure to the popular cryptocurrency without the need to manage wallets or private keys.

Hashdex, already known for pioneering several crypto-based investment products, strengthens its position as a leader in the digital asset space. The launch of XRPH11 could further boost XRP’s credibility and adoption, especially in Latin America, where interest in blockchain and crypto solutions continues to grow rapidly.

The move also comes at a time when global demand for crypto ETFs is rising, with investors looking for safer and more transparent ways to invest in digital assets.

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