Hashdex receives approval to launch XRP spot ETF in Brazil
✅ Brazil’s Securities and Exchange Commission has approved the HASHDEX NASDAQ XRP INDEX FUND for listing in Brazil while the US SEC acknowledges CoinShares' XRP ETF application
✅ The exact date of the listing isn’t clear. Currently, the ETF is at the pre-operational phase.
✅ Brazil’s cryptocurrency market saw transactions totaling nearly $90.3 billion between July 2023 and June 2024, cementing its status as Latin America’s second-largest market.