#XRPETF #XRPETF The digital currency market witnessed a historic event today with the launch of the first investment fund linked to the XRP currency, named XRPH11. This fund was listed on the prestigious Brazilian stock exchange B3, through Hashdex, a leading company in the world of digital assets.

This event represents an important step towards integrating digital currencies into traditional financial markets, which could open new horizons for institutional investment and increase the legitimacy of this asset class.

The XRP ETF fund is designed to accurately track the performance of the XRP currency, allowing investors to participate in the currency's growth without needing to own it directly. This event represents an important step towards integrating digital currencies into traditional financial markets, which could open new horizons for investment. According to Odaily, cryptocurrency journalist Eleanor Terrett reported on platform X that the three ProShares XRP exchange-traded funds are not spot products; instead, they are requests for futures contracts and leveraged/inverse products. Unlike spot products, these do not require 'explicit approval' from the U.S. Securities and Exchange Commission (SEC). They become effective as long as the commission does not raise any objections within a certain period after the application is submitted.