#XRPETF An XRP ETF has been launched in Brazil, expanding regulated investment in cryptocurrency and supporting global adoption of XRP.

Debut of Hashdex's XRP ETF

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

The asset management company detailed the importance of the XRP exchange-traded fund (ETF) for investors, stating:

Hashdex has just launched XRPH11, providing investors with safe and regulated access to XRP — one of the leading crypto assets focused on fast and low-cost international payments.