#XRPETF #XRPETF

On April 26: Brazil officially launched the world's first spot XRP ETF.

The fund is named XRPH11, issued by Hashdex and managed by Genial Investimentos, and began trading on April 25 on the Brazilian stock exchange.

This swift approval and launch by Brazil stands in stark contrast to the United States, where regulatory barriers continue to delay similar products.

Brazil's proactive approach highlights the country's growing reputation as a cryptocurrency-friendly hub, further reinforced by the introduction of the first Solana ETF last year.