#XRPETF

The world’s first spot XRP exchange-traded fund (ETF) has officially launched in Brazil. On April 25, 2025, the Hashdex Nasdaq XRP Fundo de Índice (XRPH11) began trading on Brazil’s primary stock exchange, B3. Managed by Hashdex and administered by Genial Investimentos, this ETF provides direct exposure to XRP, marking a significant milestone in the cryptocurrency’s institutional adoption.

This development is noteworthy as it precedes any spot XRP ETF approvals in the United States. While the U.S. Securities and Exchange Commission (SEC) has approved several XRP futures-based ETFs, including those by ProShares and Teucrium, spot ETF applications remain under review. The launch of XRPH11 in Brazil could potentially influence regulatory perspectives in other jurisdictions, including the U.S., by demonstrating a successful model for such financial products.

For XRP investors and the broader cryptocurrency market, the introduction of a spot ETF enhances accessibility and may contribute to increased liquidity and price stability. It also signifies growing acceptance of digital assets within traditional financial systems.