#XRPETF Brazil Launches World’s First Spot XRP ETF

In a groundbreaking move for the cryptocurrency market, Brazil has officially launched the first-ever spot XRP exchange-traded fund (ETF), marking a major step toward mainstream adoption of digital assets. The ETF, trading under the ticker **XRPH11**, debuted on the B3 stock exchange on April 25, 2025. Managed by the investment firm **Hashdex**, the fund is designed to track the **Nasdaq XRP Reference Price Index**, giving investors direct exposure to XRP while providing a regulated and accessible investment vehicle.