#XRPETF

The world's first exchange-traded fund tracking the spot price of XRP, the original cryptocurrency of Ripple, was officially listed on the main Brazilian stock exchange B3 on April 25, according to a press release from Valor Econômico.

Brazil was the first country to launch a range of XRP ETFs, unlike any other country, including the United States.

Hashdex XRP ETF was listed on B3, an exchange in Brazil that allows investors to track the price of XRP directly.

American asset managers are pushing for XRP exchange-traded funds as political changes enhance the likelihood of approval.

Brazil achieved a major milestone, successfully becoming the first country to offer an exchange-traded fund in XRP (ETF). Hashdex, a Brazilian asset manager, added Hashdex SPOT ETF to B3, the largest exchange market in Latin America, under the ticker XRPH11 on April 25.