#XRPETFs Brazil takes the lead as the world's first XRP ETF debuts on the Stock Exchange.

Approved by the CVM in February, the new ETF is the first to track the spot price of the cryptocurrency and begins trading amid reviews of applications in the USA.

The Stock Exchange welcomed the world's first XRP ETF on Friday, the 25th. The product, launched by the manager Hashdex, was authorized by the Securities and Exchange Commission (CVM) in February of this year and is the first to track the spot price of the cryptocurrency, currently the fourth largest in the digital asset market.