#XRPETF
Breakthrough step for Ripple
Hashdex has officially launched XRPH11, the first spot ETF dedicated to XRP in Brazil, tracking the Nasdaq XRP Reference Price Index with a 95% allocation to XRP. This is a historic milestone, allowing XRP to access institutional capital in a more legitimate and professional manner.
At the same time, CME Group has also initiated trading in XRP futures contracts, bringing XRP deeper into the traditional financial market. These moves reflect the growing recognition of XRP's potential as a cross-border payment and digital asset.
With support from specialized investment products, the liquidity of XRP will continue to improve, while also increasing accessibility for institutional investors worldwide. This is a solid foundation for the long-term growth of XRP in the near future.