#TrumpTaxCuts Brazil leads the way 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 pending applications in the U.S.

On this Friday, the 25th, the Stock Exchange welcomed the world's first XRP ETF. 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.