#XRPETF The first exchange-traded fund (ETF) of spot XRP has just debuted in Brazil. The fund manager Hashdex announced on Friday the launch of what it has identified as the world's first spot ETF of XRP.
Under the symbol XRPH11, the product debuted on the Brazilian stock exchange, B3, offering local traders a regulated investment vehicle designed to gain direct exposure to the fourth largest cryptocurrency in the world.
"XRPH11 – The world's first XRP ETF. Another milestone in the Brazilian stock exchange!", wrote the Hashdex team on their X account. "Hashdex has just launched XRPH11, providing investors with secure and regulated access to $XRP , one of the leading #crypto assets focused on fast and low-cost international payments".
