#XRPETF
The Global Head of Cryptocurrency Assets at Hashdex announced on April 25 via the social media platform X the launch of XRPH11, which he described as "the world's first XRP ETF" and "another important moment in the Brazilian stock market." 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 this sector.
The asset management company explained the importance of the XRP exchange-traded fund (ETF) for investors by stating:
