#XRPETF The launch of XRPH11 was an important milestone in the world of cryptocurrencies. On April 25, 2025, Hashdex launched the world's first XRP spot ETF (Exchange Traded Fund) on the Brazilian Stock Exchange B3. This fund, called Hashdex Nasdaq XRP Index Fund, aims to replicate the variations and profitability of the Nasdaq XRP Reference Price Index.

*Key details of XRPH11*

- *Ticker symbol*: XRPH11

- *Stock exchange*: B3 (Brazil)

- *Objective*: Replicate the Nasdaq XRP Reference Price Index

- *Investment*: At least 95% of its net assets in XRP

*Importance of the launch*

- Brazil is ahead of the United States in approving cryptocurrency ETFs

- It offers investors a direct and regulated gateway to XRP

- Positions Brazil as a leader in cryptocurrency adoption

*Reactions and perspectives*

- The market reaction was moderate, with a 1.07% increase in the price of XRP on the first day

- Some experts believe that this launch could prompt more cautious regulators to act, especially in the United States

- The launch of XRPH11 is seen as an important step in cryptocurrency adoption in Brazil and potentially worldwide ¹ ² ³.