Brazil is once again positioning itself at the forefront of the crypto ecosystem in Latin America with the launch of the first spot ETF of $XRP called XRPH11, which will debut on the B3 Stock Exchange this April 25th. The fund has been developed by Hashdex and will be managed by Genial Investimentos, marking a milestone in the integration of digital assets into traditional markets. This move not only expands institutional investment options but also reinforces confidence in digital assets as part of a diversified financial portfolio.
This is not Brazil's first step towards regulated crypto finance: in August 2024, the country had already surprised the world with the launch of a Solana-based ETF. Now, with XRPH11, it consolidates its role as a pioneer in the region, demonstrating a proactive and progressive approach to the adoption of new financial technologies. For traders and investors, a new window opens to expose themselves to the XRP ecosystem without the need to directly manage the asset, with all the benefits that the transparency and liquidity of an ETF can offer.
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