Is there an XRP ETF?

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

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

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

U.S. asset managers are pushing for XRP ETFs as political changes enhance the likelihood of approval.

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