Brazil triggers the world's first XRP Spot ETF on B3 Exchange

- Brazil has become the first to have the first XRP ETF, and the US is still reviewing Spot Solana and XRP ETF applications.
- In February 2025, the Brazilian Securities and Stock Exchange Committee (CVM) approved the XRP DEFENSE ETFTo.
Brazil has recently launched its world's first stock exchange traded fund (ETF) to monitor the XRP point price. Valor Economico revealed through his press release that Brazilian main stock exchange, B3Started funds on April 25.
Hashdex is an ETF called HashDEX Nasdaq XRP Fundo de Indice (FI) and Genial Investments Securities Brokerage SA and Genian Bank SA is responsible for administration and serves as a caregiver.
In February 2025, the Brazilian Securities and Exchange Committee (CVM) approved the XRP-built ETF. Before that, in August 2023, the agency approved the Hashdex Spot Solana ETF.
The fund officially launched the B3 under the XRPH11. ETF reflects Xrp Replacement price index (NQXRP), XRP real -time monitoring of on -site price in front of various cryptocurrencies. The font document shows that about 95% of the XRPH11 net assets are sent to XRP and related digital assets, securities or futures related to the index.
Hashdex expands its crypto ETF lineup
XRPH11 includes some features, such as the structure of a competitive fee, the maximum annual fee is approximately 0.7% for management, management and distribution, as well as the custody fee rounded each year 0.1%. No structural fee is charged at all.
This introduction has opened its doors to about nine Hashdex Crypto ETF offering B3. Samir Kerbage, the investment manager of HashDex, revealed that the XRPH11 has joined the company Mono-Azet ETFs, which consists of products related to Bitcoin (Bith11), Ethereum (Ethe11) and Solana (Solh11).
Funds are mainly made for institutional investors looking for virtual assets in the Brazilian regulated markets. The people have become the first to have the first XRP ETF, and the US is still reviewing Spot Solana and XRP ETF applications.
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