#XRPETF

📢 Breaking Crypto News: World's First Spot XRP ETF Launches in Brazil!

Brazil has made history by launching the first-ever spot XRP ETF, named XRPH11, on the B3 stock exchange. Managed by Hashdex and Genial Investimentos, this ETF tracks the Nasdaq XRP Reference Price Index, offering institutional investors regulated exposure to XRP.

This development positions Brazil at the forefront of crypto innovation, ahead of the U.S., where XRP ETF approvals are still pending. Analysts predict that U.S. approval could follow soon, potentially attracting up to $8 billion in XRP-related investments.

In the U.S., Teucrium recently launched the first leveraged XRP ETF, XXRP, aiming to deliver twice the daily return of XRP. This move indicates growing institutional interest in XRP-based investment products.