#XRPETF Latam Insights: XRP ETF Debuts in Brazil, Argentina Keeps Trumping the Dollar

XRP ETF Launches in Brazil, Securing Regulated XRP Access for Investors

Global crypto asset manager Hashdex announced on April 25 via social media platform X the launch of XRPH11, which it described as “the world’s first XRP ETF” and “another crypto milestone on the Brazilian stock exchange.” The launch marks a significant expansion of crypto 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 significance of the XRP exchange-traded fund (ETF) for investors, stating: