XRP ETF Debuts in Brazil: A New Chapter for Crypto Adoption in Latin America
XRP ETF Launch on B3 Signals Major Institutional Shift
In a major step for cryptocurrency adoption, Brazil’s largest stock exchange, B3, has officially launched an XRP ETF.
Trading under the ticker XRPH11, this landmark development is being hailed as a breakthrough moment for institutional investments in crypto assets across Latin America.
The XRP ETF, a joint venture between Hashdex and Genial Investimentos, allocates 95% of its assets to physical XRP, offering a secure and regulated entry point for investors eager to tap into the cryptocurrency space.
Early Trading Shows Minor Volatility, Strong Market Stability
Despite the excitement, early trading data revealed a slight 0.05% dip in XRP’s price after the ETF’s launch—an impressively stable performance given the historic significance of the event.
This muted market reaction suggests that investor confidence in XRP’s institutional backing remains strong.
The introduction of this ETF mirrors early trends seen with Bitcoin and Ethereum ETFs, pointing to the growing appetite for regulated digital asset exposure within traditional financial markets.
Key Highlights:
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Brazil’s B3 Stock Exchange now offers an XRP ETF under ticker XRPH11.
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The fund allocates 95% of its holdings to physical XRP for added security.
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XRP’s price dipped only 0.05% post-launch, indicating market resilience.
With the XRP ETF now live, Brazil may soon witness a surge in liquidity, media attention, and broader cryptocurrency adoption, setting a new benchmark for digital finance innovation in the region.
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