#XRPETF • On April 25, 2025, Brazil launched the world's first spot XRP ETF, named XRPH11, on the B3 stock exchange.
• The fund is managed by Hashdex and distributed through Genial Investimentos, tracking the price of XRP through the Nasdaq XRP Reference Price Index.
• The fund allocates at least 95% of its assets to hold XRP directly or indirectly, including futures contracts.
• This product is aimed at institutional investors looking to access XRP legally through the Brazilian stock market.
(cryptobriefing.com, coinpedia.org)
3. XXRP – 2x Leveraged XRP ETF in the United States
• Teucrium 2x Long Daily XRP ETF (XXRP), launched on April 8, 2025, is a leveraged ETF designed to double the daily price volatility of XRP.
• This is a high-risk investment product but can also yield significant profits, gaining attention amid speculation that the U.S. Securities and Exchange Commission (SEC) is about to approve a spot XRP ETF.