$XRP is making waves as Brazil has just launched the world's first spot XRP ETF (XRPH11) on its B3 stock exchange. This landmark event allows Brazilian investors to gain direct exposure to XRP through a regulated investment vehicle. Managed by Hashdex, the ETF tracks the Nasdaq XRP Reference Price Index. This move positions Brazil as a leader in crypto innovation and could potentially pave the way for similar XRP ETFs in other regions, including the United States. The ETF has garnered significant initial interest, highlighting the growing appetite for regulated crypto investment opportunities.