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Brazil Launches the World's First Spot XRP ETF

On April 25, 2025, the Brazilian stock exchange B3 introduced XRPH11, the world's first spot XRP ETF. Managed by Hashdex in partnership with Genial Investimentos, this ETF directly tracks the Nasdaq XRP Reference Price Index, providing investors direct exposure to XRP without the need to own or store the cryptocurrency itself$XRP