#XRPETF What impact will the new XRP ETF have on the market? #XRPETF

The launch of the first XRP ETF in Brazil is a very important step for the entire crypto ecosystem. Hashdex launched the XRPH11 fund, which tracks the spot price of XRP, allocating 95% of its value directly to the token. This type of product allows large institutions, which typically do not invest directly in cryptocurrencies, to access XRP in a regulated and secure manner.

This could increase the demand for XRP in the medium to long term, stabilize its volatility, and possibly open the door to more XRP ETFs in other markets such as the United States or Europe. Additionally, it could enhance Ripple's institutional adoption on new financial platforms.

What do you think? Will we see a strong push in the price of XRP thanks to this advancement?