#XRPETFs

XRP ETF Launches in Brazil: A Major Milestone for Crypto Adoption**

Hashdex has made history by launching the world’s first XRP spot ETF, XRPH11, in Brazil. This ETF tracks the Nasdaq XRP Reference Price Index and allocates 95% of its holdings to XRP, offering investors a regulated way to gain exposure to the asset. Coupled with CME Group’s recent launch of XRP futures, this development signals growing institutional interest in XRP.

While XRP may not overtake Bitcoin or Ethereum soon, its focus on cross-border payments and regulatory clarity could position it as a key player in the crypto space. The ETF is a significant step toward mainstream adoption, and if successful, it could pave the way for similar products in other markets. What do you think—will XRP ETFs expand globally?