#XRPETF . Hashdex XRPH11: breakthrough in Latin America**

- **ETF Structure**:

In addition to 95% in XRP, 5% of the funds are invested in short-term government bonds of Brazil, which reduces volatility. The fund is available to both qualified and retail investors through B3 — the largest exchange in the region.

- **Regulatory Context**:

Brazil legalized crypto as a means of payment in 2023, and the Central Bank is actively developing the digital real. This makes the country a hub for crypto innovations in emerging markets.

- **Potential Impact**:

The success of XRPH11 could stimulate similar ETFs in Mexico, Chile, or Argentina, where crypto adoption is growing amid the weakness of national currencies.

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### **2. CME Futures: details and implications**

- **Contract Mechanics**:

Each futures contract is equivalent to 10 XRP, with cash settlements in USD. This allows for hedging risks without direct ownership of the crypto asset, which is critical for institutions wary of regulatory sanctions.

- **Volumes and Audience**:

In the first days of trading, the volumes of XRP futures reached $30 million — modest compared to Bitcoin ($1 billion+), but signaling niche demand. The main participants are hedge funds and family offices.

- **CME vs SEC**:

The launch occurred despite the SEC's position.$XRPup.