#XRPETF first in Brazil, expanding cryptocurrency investment opportunities

The Brazilian financial market has just witnessed a new milestone as Hashdex launched the world's first XRP ETF fund named XRPH11, providing investors with safe and regulated access to XRP.

Not only in Brazil, the likelihood of the U.S. approving the XRP ETF is also increasing. After Ripple Labs successfully settled its lawsuit with the U.S. Securities and Exchange Commission (SEC), the biggest legal barrier has been removed.