XRP Makes History: First-Ever XRP ETF Launches in Brazil — Is a Massive Price Surge Coming?
Historic Breakthrough for XRP Investors!
In a groundbreaking move, Brazil’s B3 stock exchange has officially launched XRPH11 — the world's very first XRP-focused ETF! Managed by Hashdex and Genial Investimentos, XRPH11 tracks the Nasdaq XRP Reference Price Index, giving investors a safe and regulated gateway to XRP like never before.
Brazil Takes Bold Action — While the U.S. Drags Its Feet
Surprisingly, this historic launch took place in Brazil, not the United States — even though Ripple's global headquarters is based there. In the U.S., major asset managers like Grayscale and Franklin Templeton are still stuck in regulatory limbo, awaiting SEC approval for their XRP ETF applications.
Meanwhile, investor interest in XRP is skyrocketing. As of April 18, XRP-focused ETPs manage close to $950 million in assets, according to CoinShares. Just last week, XRP funds attracted a staggering $37.7 million in new investments — outpacing every other crypto fund on the market!
Is XRP Poised for a Major Breakout? Stay Tuned!
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