$XRP
Brazil Launches First Exchange-Traded Fund for Instant Ripple Currency
On April 25, 2025, the Brazilian stock exchange B3 achieved a historic milestone by listing XRPH11, the world's first exchange-traded fund for instant Ripple currency. This fund is managed by Hashdex in collaboration with Genial Investimentos and tracks the Nasdaq reference price index for Ripple, providing investors with a direct opportunity to trade Ripple without needing to own it themselves.