#XRPETF Brazil Launches World’s First Spot XRP ETF

On April 25, 2025, Brazil’s B3 stock exchange introduced XRPH11, the world’s first spot XRP exchange-traded fund (ETF). Managed by Hashdex in partnership with Genial Investimentos, this ETF directly tracks the Nasdaq XRP Reference Price Index, providing investors with direct exposure to XRP without the need to own or store the cryptocurrency themselves .  

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🇺🇸 U.S. XRP ETF Applications and SEC Developments

In the United States, nine firms have submitted applications for XRP ETFs between October 2024 and March