First XRP ETF in the world debuts on B3 — milestone reinforces Brazil's prominence in the cryptocurrency market

Hashdex project managed by Genial Investimentos debuts this Friday (25) on the Brazilian stock exchange.

There's nothing like being the first at something. And, this Friday (25), Brazil once again makes history in the crypto asset market: the world's first ETF (exchange-traded fund) based on the cryptocurrency XRP begins trading on B3, the country’s stock exchange.

The product is created by Hashdex, a manager specialized in digital assets and a pioneer in the crypto ETF segment, with administration by Genial Investimentos. Back in February, the Securities and Exchange Commission (CVM) gave the green light for the fund's debut, which arrives in the market under the ticker XRPH11.$BTC