#XRPETFs Brazil Launches the First Global XRP ETF

The South American country marks an important event by being the first to launch the XRPH11. Brazil is ahead of other countries by approving and launching the first exchange-traded fund (ETF) that directly tracks the price of XRP. This means that Brazilian investors, and potentially globally through certain mechanisms, now have a regulated and more accessible way to invest in XRP without the need to buy and directly store the cryptocurrency.