On April 25, Brazil became the first country to launch a spot XRP ETF, coded XRPH11, on the B3 stock exchange. This ETF is issued by Hashdex and tracks the Nasdaq XRP Reference Price Index. This product allows investors to gain direct exposure to XRP without the need for self-custody of the token.

🇺🇸 XRP ETF situation in the US

• Teucrium launched the first XRP ETF in the US with the code XXRP on April 8. This is a 2x leveraged ETF, aimed at doubling the daily returns of XRP.