$XRP Launch of XRP ETF by Hashdex

Global cryptocurrency asset manager, Hashdex, announced on April 25 through the social media platform X the launch of XRPH11, describing it as the “world's first XRP ETF” and “another cryptocurrency milestone on the Brazilian stock exchange.” This launch represents a significant expansion of cryptocurrency investment products within regulated financial markets in Brazil and highlights Hashdex's ambition to innovate in the sector.

The asset management firm has developed the significance of XRP-related ETFs for investors, stating:

Hashdex has just launched XRPH11, providing investors with secure and regulated access to XRP — one of the leading cryptocurrency assets focused on fast, low-cost international payments.

This milestone is the ninth cryptocurrency ETF launched by Hashdex in Brazil and its 33rd product offered globally. The new ETF strengthens Hashdex's presence in the evolving cryptocurrency economy of Latin America, where regulatory clarity and investor protection increasingly influence product design. Hashdex aims to leverage these dynamics to expand the range of available and compliant cryptocurrency investment vehicles.

In addition to highlighting the launch, Hashdex reaffirmed its broader objectives regarding the future of cryptocurrency investing. The company emphasized its strategic commitment to expanding financial access: “We continue to expand access to the cryptocurrency economy, offering investors trusted, regulated, and efficient ways to participate in the future of finance.”