#XRPETF

XRP ETF – A big boost taking XRP deeper into the institutional market

Hashdex has officially launched XRPH11, the world's first spot XRP ETF, in Brazil. This ETF tracks the Nasdaq XRP Reference Price Index with 95% asset allocation to XRP. This is a significant step helping XRP access institutional capital in a legal and easier way.

At the same time, CME Group – one of the largest derivatives exchanges in the world – has also launched XRP Futures trading, marking XRP's increasing acceptance at the traditional financial level.

The continuous introduction of financial products related to XRP will enhance liquidity, increase investor confidence, and open up strong growth opportunities for XRP's price in the medium and long term.

In the context where both Bitcoin and Ethereum already have spot ETFs, the appearance of the XRP ETF indicates that XRP is also on the path to becoming a major global financial asset.