Best Source for Crypto News Cryptopostal Is All Crypto Info logo Best Source for Crypto News Cryptopostal Is All Crypto Info logo
The Defiant 2025-04-26 03:35:10

Brazil’s B3 Launches XRPH11, World’s First Spot XRP ETF Managed by Hashdex and Genial Investimentos

Brazil's B3 stock exchange has launched the world's first spot XRP exchange-traded fund (ETF), marking a pioneering development in cryptocurrency investment products. The ETF, listed under the ticker XRPH11, is managed by Hashdex, a crypto-focused asset management firm, in partnership with Genial Investimentos, which handles administration. The fund tracks the Nasdaq XRP Reference Price Index and allocates at least 95% of its net assets to XRP, providing investors direct exposure to the cryptocurrency. This launch precedes any similar approval in the United States, positioning Brazil at the forefront of XRP ETF offerings globally. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Cryptopostal Ads
fxdailyinfo ads
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.