#XRPETF

The world's first Spot Spot Spot Spot exchange fund, XRP HASHDEX, managed by Genial Investimentos, began trading on April 25 on the B3 stock exchange in Brazil. Listed under Ticker XRP H11, the ETF tracks the NASDAQ XRP reference price index and, according to HASHDEX, will allocate at least 95% of its net assets to XRP. The launch of the fund marks the ninth ETF HASHDEX launch on the Brazilian exchange.

The launch expanded the one-off offerings of Hashdex ETFs on B3, which also includes products based on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The Asset Manager may utilize direct or indirect investments in futures contracts aimed at replicating the performance of the NASDAQ XRP reference price index or other financial instruments that reflect the price of XRP as a benchmark for providing exposure.