#XRPETFs *Hashdex Launches World's First Spot XRP ETF*

Hashdex, a Brazilian digital asset manager, has made history by launching the world's first spot XRP ETF, XRPH11, on Brazil's stock exchange, B3. This significant milestone marks a major step in regulated crypto exposure.

*Key Highlights:*

1. *Regulated Crypto Exposure*: The XRPH11 ETF provides institutional investors with a secure and regulated way to invest in XRP.

2. *Immediate Market Impact*: The ETF's debut led to an immediate surge in XRP's price and increased trading activity.

3. *XRP's Price Movement*: XRP surged to $2.2871, with a 0.33% increase.

*Implications:*

1. *Increased Adoption*: The launch of the XRP ETF could attract more institutional investors to the crypto market.

2. *Market Growth*: Regulated crypto products like XRPH11 can contribute to the growth and maturation of the digital asset market.

*What's Next:*

The success of the XRPH11 ETF could pave the way for more regulated crypto products, further integrating digital assets into traditional financial markets.