Is there an XRP ETF?

The world's first exchange-traded fund tracking the spot price of XRP, the original cryptocurrency of Ripple, officially debuted on the Brazilian main exchange B3 on April 25, according to a press release from Valor Econômico.

Brazil was the first country to launch a set of XRP ETFs, unlike any other country, including the United States.

Hashdex XRP ETF was listed on B3, an exchange in Brazil that enables investors to track the price of XRP directly.

American asset managers are pushing for XRP exchange-traded funds as political changes enhance the likelihood of approval.