The Brazilian company Hashdex announced the launch of the first trading fund dedicated to Ripple, which will start trading on the B3 exchange. This fund allows investors the opportunity to enter the XRP currency in an official and regulated manner instead of buying the currency directly, through a secure investment monitored by the Brazilian Securities Commission.

The advantage of this fund is that it provides a legal and easy way for large institutions and individuals who want to gain exposure to XRP's performance but were hesitant to enter the world of digital currencies directly. Additionally, the responsible company guarantees high asset protection.