💥BREAKING
Hashdex launches the world's first spot $XRP ETF in Brazil.
BULLISH FOR $XRP
Big news for XRP and the crypto ETF landscape:
On April 25, 2025, Hashdex launched the XRPH11, the world’s first spot XRP ETF, on Brazil’s B3 stock exchange! 🏦💥
📊 XRPH11 Highlights:
Launch Date: April 25, 2025
Issuer: Hashdex
Asset Allocation: 95% XRP and related instruments
Management Fee: 0.7% annually + 0.1% custody fee
Benchmark: Nasdaq XRP Reference Price Index (NQXRP)
Exchange: B3 (Brazil's leading stock exchange)
🌍 Global Implications:
Brazil is now a crypto leader, launching the first-ever spot XRP ETF before countries like the U.S. — potentially paving the way for more institutional XRP adoption worldwide! 🌎
📈 XRP Price Snapshot:
XRP: $2.20 (+0.46% today)
💥 The XRPH11 ETF could drive increased demand and liquidity for XRP, possibly positively influencing its price. Stay tuned as institutional interest in XRP grows!
#XRP #CryptoETF #XRPH11 #Hashdex #XRPAdoption #BinanceSquare #CryptoInnovation