#XRPETF
On April 25, Brazil’s B3 stock exchange debuted the world’s first spot exchange-traded fund (ETF) linked to XRP, managed by Genial Investimentos and launched by asset management firm Hashdex. Trading under the ticker symbol **XRPH11**, the ETF follows the Nasdaq XRP Reference Price Index, with Hashdex confirming that over 95% of the fund’s holdings will be allocated to XRP. This marks Hashdex’s ninth ETF listing on B3, reinforcing its presence in Brazil’s ETF market.
To mirror the index’s performance, the fund may utilize direct XRP holdings, derivatives such as futures contracts, or other financial instruments tied to Nasdaq’s benchmark pricing. This approach allows investors to gain exposure to XRP’s price movements through regulated market mechanisms.
The ETF’s introduction broadens Brazil’s crypto investment options, offering institutional and retail investors a regulated pathway to participate in the digital asset ecosystem. This development aligns with growing demand for cryptocurrency-linked financial products in emerging markets.