#XRPETF

In a landmark event for the cryptocurrency market, Brazil has officially launched the world's first spot XRP Exchange-Traded Fund (ETF), designated as XRPH11. The exciting announcement, shared by renowned crypto commentator Amelie on X, marks a significant step forward for both XRP and the broader digital asset ecosystem.

The introduction of XRPH11 as a spot XRP ETF positions Brazil at the forefront of global crypto financial products. Unlike futures ETFs, which track derivative contracts, spot ETFs are directly backed by the underlying asset—in this case, XRP itself. This critical distinction provides investors with access to real XRP assets rather than just speculative contracts, ensuring greater transparency and reducing the risks associated with futures instruments.