#XRPETF The hashtag #XRPETF has gained significant traction in the cryptocurrency community, especially following recent developments in the financial markets. Brazil made headlines by launching the world’s first spot XRP ETF, XRPH11, on its B3 stock exchange. Managed by Hashdex and tracking the Nasdaq XRP Reference Price Index, this fund allocates at least 95% of its assets directly or indirectly to XRP. Its introduction marks a significant step toward mainstream adoption of XRP as an investment vehicle.
In the United States, the Teucrium 2x Long Daily XRP ETF (ticker: XXRP) debuted on NYSE Arca. This leveraged fund aims to deliver twice the daily return of XRP, catering to investors seeking amplified exposure to XRP's price movements.