#XRPETF #XRPETF #bitcoin #xrp The world of cryptocurrencies takes an important step with the launch of the first global exchange-traded fund (ETF) for XRP, which begins trading in Brazil this Friday, April 25, 2025.
This ETF is being managed by Hashdex, an asset manager specializing in crypto assets, in collaboration with Genial Investimentos and marks a milestone by becoming the first fund of its kind in the world.
The ETF XRPH11 is a fund that replicates the Nasdaq XRP reference price index, allowing investors to access the performance of the altcoin without having to buy XRP directly.
With an investment strategy that allocates at least 95% of its capital to XRP, either through direct purchases or futures contracts, the fund aims to provide a diversified and straightforward exposure to the performance of the digital currency.
This launch is particularly relevant given that the United States, the home country of Ripple, still does not have an XRP ETF approved by the Securities and Exchange Commission (SEC).
The fact that Brazil is the first country to have this type of fund highlights the dynamism and adaptability of the Brazilian cryptocurrency market, which is positioning itself as a regional leader in the adoption of digital assets.