#XRPETF The global cryptocurrency asset manager Hashdex announced on April 25 through the social platform X the launch of XRPH11, which it described as "the world's first XRP ETF" and "another milestone in cryptocurrencies on the Brazilian stock exchange."

The launch represents a significant expansion of cryptocurrency investment products within Brazil's regulated financial markets and underscores Hashdex's ambition to drive innovation in the sector.

The asset management firm elaborated on the importance of the XRP exchange-traded fund (ETF) for investors, stating:

Hashdex has just launched XRPH11, providing investors with safe and regulated access to XRP, one of the leading crypto assets focused on fast and low-cost international payments.