đš #XRPETF : Brazil outpaces the United States!â
On April 25, 2025, the asset manager Hashdex launched the world's first spot XRP ETF, the XRPH11, on the Brazilian stock exchange B3. This fund tracks the Nasdaq XRP Reference Price index and invests at least 95% of its assets directly or indirectly in XRP.
đ Recent facts:
. The CME Group plans to launch XRP futures contracts on May 19, 2025, reinforcing institutional interest in the asset.
. In the United States, several requests for spot XRP ETFs are pending approval by the SEC, with decisions expected between October 2025 and early 2026.
đ Quick analysis:
The launch of the XRPH11 in Brazil marks a significant milestone for the institutional adoption of XRP. However, the absence of a spot XRP in the United States still limits American investors' access to this type of product.
đŻ Conclusion:
The Brazilian initiative could encourage other countries to follow suit. Investors are now awaiting the SEC's decisions regarding spot XRP ETFs in the United States.â
