#XRPETF Debuts the XRP ETF

A global cryptocurrency asset manager announced on April 25 through the social platform X the launch of XRPH11, which it described as "the world's first XRP ETF" and "another milestone in cryptocurrencies on the Brazilian stock exchange." The launch represents a significant expansion of cryptocurrency investment products within Brazil's regulated financial markets and underscores the ambition to drive innovation in the sector.

The asset management firm elaborated on the importance of the XRP exchange-traded fund (ETF) for investors.