Global Cryptocurrency Market Milestone Achieved with Launch of World’s First XRP ETF
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Brazil has made history by launching the world’s first XRP ETF (Exchange-Traded Fund) on its B3 stock exchange. The Hashdex XRP ETF, named XRPH11, has started trading today, April 25, 2025. This development marks a significant milestone in the global cryptocurrency market.
The new ETF is designed to provide institutional investors with direct and indirect exposure to XRP, one of the largest cryptocurrencies by market capitalization. According to Hashdex’s announcement, at least 95% of its assets will be invested in XRP.
It’s worth noting that XRPH11 mirrors the performance of the Nasdaq XRP Index, which tracks the price movements of XRP against the US dollar.
Source: https://coinchapter.com/brazil-launches-worlds-first-xrp-etf-trading-on-b3-exchange/
