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#XRPETF What is the XRPETF and why is it attracting interest?
The cryptocurrency market has experienced a significant event with the launch of the first exchange-traded fund (spot ETF) linked to the cryptocurrency XRP in Brazil under the name XRPH11, by the company Hashdex. This fund tracks our Nasdaq XRP Reference Price Index, with an allocation rate of up to 95% in favor of XRP.
The goal of launching the XRPETF is to allow investors to invest in the cryptocurrency XRP in an organized and secure manner, similar to investing in traditional stocks through exchanges, without the need to directly own the cryptocurrency.
The cryptocurrency market has experienced a significant event with the launch of the first exchange-traded fund (spot ETF) linked to the cryptocurrency XRP in Brazil under the name XRPH11, by the company Hashdex. This fund tracks our Nasdaq XRP Reference Price Index, with an allocation rate of up to 95% in favor of XRP.
The goal of launching the XRPETF is to allow investors to invest in the cryptocurrency XRP in an organized and secure manner, similar to investing in traditional stocks through exchanges, without the need to directly own the cryptocurrency.
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