🇧🇷 Brazil Launches World's First $XRP Spot ETF - Will the US Follow Suit?
🚀 A significant milestone for XRP and the crypto market as Hashdex launches the world's first XRP spot ETF (XRPH11) on Brazil's B3 exchange.
📊 This regulated investment vehicle tracks the Nasdaq XRP Reference Price Index, offering investors in Brazil direct exposure to XRP.
🌐 Interestingly, this landmark launch occurs outside the United States, where Ripple is headquartered and where similar ETF applications await SEC approval.
🔍 This move by Brazil raises the question: Will the US follow and open the door for XRP ETFs?