XRPETF XRP ETF launches in Brazil, providing regulated access to XRP for investors
Global crypto asset manager Hashdex announced on April 25 through the social platform X about the launch of XRPH11, which it described as "the world's first XRP ETF" and "another crypto milestone on the Brazilian stock exchange". The launch marks a significant expansion of investment products in cryptocurrency within the regulated financial markets of Brazil and underscores Hashdex's commitment to innovation in this sector.
The asset management firm explained the significance of the XRP exchange-traded fund (ETF) for investors, stating:
