Global cryptocurrency asset manager Hashdex announced on April 25 via social media X the launch of XRPH11, which it described as the “world's first XRP ETF” and “another crypto milestone on the Brazilian stock exchange.” The launch marks a significant expansion of crypto investment products within the regulated financial markets of Brazil and underscores Hashdex's ambitions to drive innovation in this sector. This stage is the ninth crypto ETF launched by Hashdex in Brazil and the 33rd product offered globally. The new ETF strengthens Hashdex's presence in the evolving crypto economy of Latin America, where regulatory clarity and investor protection are increasingly influencing product development. Hashdex aims to leverage these dynamics to expand the available and relevant cryptocurrency investment instruments.