#XRPETF B3 starts trading the world's first XRP cryptocurrency ETF this Friday

The fund is managed by the Brazilian manager specialized in digital assets Hashdex. The world's first exchange-traded fund (ETF) of the cryptocurrency XRP begins trading this Friday (25) on B3, the Brazilian stock exchange. The fund is from the crypto-specialized asset manager, Hashdex, and is administered by Genial. Under the ticker XRPH11, the new fund replicates the Nasdaq XRP Reference Price Index. According to the manager, XRPH11 will invest at least 95% of its assets in XRP through direct or indirect investment in the crypto asset, in futures contracts that aim to replicate the profitability of the index, and/or other investment forms that reflect the Nasdaq XRP Reference Price Index.