#XRPETFs XRP ETF launches in Brazil, providing regulated access to XRP for investors

Global crypto asset manager Hashdex announced on April 25 via the social platform X the launch of XRPH11, which it described as the "world's first XRP ETF" and "yet 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 emphasizes Hashdex's commitment to innovation in this sector.

The asset management firm explained the significance of the exchange-traded XRP 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 inexpensive international payments.

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

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