#XRPETF The fund is intended for general investors who accept the inherent risks of investment and seek returns consistent with the fund's objective. If the investment in the fund is made by a non-resident investor, the non-resident investor must assess the suitability of acquiring the fund's shares under the applicable legislation in their jurisdiction," highlights Hashdex.

To EXAME, Samir Kerbage, CIO of Hashdex, stated that the launch of the XRP ETF is another step in "the development of the cryptocurrency market within a regulated environment." "We are very proud to be the first in the world to list an ETF with direct exposure to XRP, reinforcing our commitment to innovation and to the Brazilian investor."

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"This is the ninth ETF we have launched on B3, and each new product expands the possibilities of diversification and exposure to digital assets with security, transparency, and alignment with regulatory guidelines. We remain attentive to the evolution of the sector and work to offer increasingly efficient access solutions to the crypto universe," he added.

According to Kerbage, "the focus of these ETFs [of cryptocurrencies] is on sophisticated investors, such as institutions that want to build cryptocurrency portfolios on B3." The debut of the new fund also reinforces the position of the Brazilian market as one of the most mature in terms of ETF launches.