#XRPETF Hashdex has officially launched XRPH11, the world's first spot ETF for XRP, listed in Brazil.
This ETF replicates the Nasdaq XRP reference price index, with a 95% allocation directly to XRP.
On the other hand, CME Group launched XRP futures this same week, expanding XRP's presence in institutional markets.
This represents a significant advancement for the institutional adoption of XRP, strengthening its legitimacy against giants like Bitcoin and Ethereum.
In my opinion, XRP now has key tools to become one of the leaders in the crypto market globally. Its transaction speed, low costs, and now institutional backing position it very competitively.
Could XRP really compete someday with BTC and ETH? I believe it has more opportunities than ever.
What do you think? Leave me your comment!
