After going through a pre-operational phase, the world's 1st XRP ETF, the Hashdex Nasdaq XRP FI (XRPH11), begins trading on the Brazilian stock exchange, B3, this Friday (25). According to the company, the new product is an efficient way to invest in the token that connects global financial institutions.

"The fund aims to reflect, before the incidence of fees and expenses, the variations and profitability of the Nasdaq XRP Reference Price Index ("NQXRP"),” says the product page approved in February of this year by the CVM.