$XRP

What is XRPETF and why is it attracting interest۔۔۔۔۔۔۔۔۔۔۔۔

The cryptocurrency market witnessed a significant event with the launch of the first Spot ETF linked to XRP in Brazil under the name XRPH11, by Hashdex،،،،،،،،،،،،This fund tracks our Nasdaq XRP Reference Price Index, with an allocation rate of up to 95% in favor of XRP،،،،،،،،،،،

The goal of launching XRPETF is to enable investors to invest in XRP in a regulated and secure manner similar to investing in traditional stocks through exchanges۔۔۔۔۔۔۔۔۔۔۔ without the need to directly own the digital currency،،،،،،،،،،

On the other hand, similar products have emerged on blockchain networks like Solana, but they are not considered official exchange۔۔۔۔۔۔۔۔۔۔-traded funds; rather, they are just digital tokens that mimic the idea of an ETF.