XRP Breaks New Ground: First-Ever ETF Launches on Brazil’s B3 Stock Exchange
Brazil makes crypto history with the launch of XRP’s first-ever Exchange Traded Fund (ETF), strengthening institutional access to digital assets and reinforcing the country’s progressive stance on crypto regulation.
XRPH11: A Milestone for Ripple and the Brazilian Market
XRP’s first ETF, XRPH11, officially debuted on Brazil’s B3 exchange, a development expected to dramatically boost institutional investment in Ripple’s ecosystem. Managed by leading firms Hashdex and Genial Investimentos, this move marks a bold step forward, especially as regulatory uncertainty still clouds the U.S. crypto scene.
Following the launch, XRP’s price surged by 6%, signaling positive market sentiment and growing investor confidence.
“XRPH11 is part of Hashdex’s line of mono-asset funds, such as BITH11, ETHE11, and SOLH11, tailored for sophisticated investors aiming to build diversified crypto portfolios,” said Samir Kerbage, Chief Investment Officer at Hashdex.
Partnership and Strategic Launch
Hashdex, a pioneer in Brazil’s crypto investment landscape, collaborated with Genial Investimentos to manage XRPH11. This ETF becomes Hashdex’s ninth listing on the B3 exchange, joining previous offerings tied to Bitcoin, Ethereum, and Solana.
The strategy is clear: target institutional investors who demand regulated and secure avenues for crypto exposure.
Market Implications: A New Era for XRP Adoption
Recent reports show XRP-related funds led the pack with the strongest inflows among crypto Exchange Traded Products last week.
With the launch of XRPH11, institutional demand for XRP is expected to climb further, offering a regulated channel that could drive sustained growth for the asset.
If U.S. regulators eventually follow Brazil’s proactive example, experts predict even greater institutional participation and price expansion for XRP.
Global Context: Brazil Leads as the U.S. Hesitates
Globally, XRP-related ETPs held approximately $950 million in assets as of April 2025, with expectations for continued growth.
Brazil’s forward-thinking approach sharply contrasts with the U.S.’s slow-moving regulatory environment, positioning Brazil as a regional leader in crypto innovation.
The XRPH11 launch signals a pivotal moment — not just for XRP, but for the entire regulated crypto investment sector in Latin America.
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