#XRPETF

The #XRPETF is a hot topic, especially with the recent development of the world's first XRP ETF launching in Brazil. Here's what you need to know¹ ²:

- *XRPH11 ETF*: The Hashdex XRP ETF, ticker symbol XRPH11, started trading on Brazil's B3 stock exchange on April 25, 2025. This ETF invests at least 95% of its assets in XRP, providing a regulated and traditional investment vehicle for the cryptocurrency.

- *How it works*: The XRPH11 ETF replicates the Nasdaq XRP Reference Price Index, allowing investors to gain exposure to XRP's price movements without directly buying or storing the cryptocurrency.

- *Benefits*: This ETF offers a simplified way to invest in XRP, with the security of a regulated product. It's expected to attract institutional investors and increase liquidity in the XRP market.

- *US Perspective*: While the US hasn't approved an XRP ETF yet, there are pending applications with the SEC from firms like Bitwise Asset Management and Canary Capital. The approval of these ETFs could lead to increased demand for XRP and greater market stability.

- *Current Price*: XRP's current price is around $2.17, with a market capitalization of approximately $130.19 billion.

Keep in mind that investing in ETFs carries risks, and the cryptocurrency market can be highly volatile. It's essential to evaluate your risk profile and investment goals before making any decisions.³