#XRPETF Global crypto asset manager Hashdex announced on April 25 via the social media platform X the launch of XRPH11, which it described as “the world’s first XRP ETF” and “another milestone in cryptocurrency 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 secure and regulated access to XRP, a leading crypto asset focused on fast, low-cost international payments.