#XRPETF

- Launch Status: On April 25, 2025, Hashdex partnered with Genial Investimentos to launch the world's first XRP ETF on Brazil's B3 stock exchange, with the stock code XRPH11.

- Tracking Index: This ETF aims to track the NASDAQ XRP Reference Price Index and commits to allocating at least 95% of its net assets to XRP.

Significance and Impact

- On the XRP Market: It provides investors with a way to invest in XRP through a regulated and secure system, potentially attracting numerous investors looking to invest in digital assets, increasing XRP's liquidity and market demand, and driving its price up.