#XRPETFs Global crypto asset manager Hashdex announced on April 25 through the social 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 cryptocurrency investment products within Brazil's regulated financial markets and underscores Hashdex's commitment to innovation in this sector.

The asset management firm explained the significance of the XRP exchange-traded fund (ETF) for investors, stating:

Hashdex has just launched XRPH11, providing investors with safe and regulated access to XRP—one of the leading crypto assets focused on fast and low-cost international payments.

This milestone is the ninth crypto ETF launched by Hashdex in Brazil and its 33rd product offered globally.