World’s First Ripple ETF Launched in Brazil, What’s the Future?

Updated

April 29, 2025

Gambar World’s First Ripple ETF Launched in Brazil, What’s the Future?

Jakarta, Pintu News – An XRP ETF, XRPH11, began trading in Brazil, marking the world’s first XRP ETF product. The ETF is issued by Hashdex and trades on Brazil’s B3 stock exchange.

The world’s first Ripple ETF, named XRPH11, has been officially listed for trading on Brazil’s B3 stock exchange. This innovative product, issued by Hashdex, marks a major step in the world of cryptocurrency investment. With the approval granted in February, Brazil demonstrated speed and efficiency in adopting new financial technologies.

Check out the full news below!

Ripple ETF Debuts in Brazil

XRPH11, part of Hashdex’s mono-asset fund series, has been launched with a focus on sophisticated investors, such as financial institutions, looking to grow their crypto portfolios in the B3.

According to Samir Kerbage, CIO of Hashdex, the product is designed to meet the needs of investors seeking direct and indirect exposure to XRP.

At least 95% of the assets in this ETF are invested in Ripple (XRP), demonstrating a strong commitment to this crypto asset. With this launch, Brazil is once again at the forefront of financial innovation, having also been the first country to approve the Solana ETF .

Although the Solana ETF (SOL) did not have a significant direct market impact, expectations for the Ripple ETF (XRP) remain high.

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Comparison with the US Market

While regulators in the United States are still showing interest and signaling approval of similar products, the process appears to be slower compared to Brazil. In the US, market participants are still waiting for a final decision, while Brazil has managed to launch its product just a few months after receiving approval.

This indicates a significant difference in the speed of adoption of financial innovations between the two countries. The US market, being larger and more complex, may face greater challenges in adopting crypto-based ETFs. However, Brazil’s success in launching this Ripple (XRP) ETF could provide some valuable lessons.

Potential Impacts and Future Predictions

Although trading data is not available from the first day, the introduction of this ETF is expected to have a significant impact on the price of Ripple (XRP). If this ETF fails to attract market interest, it could be a bearish indicator for Ripple (XRP).

However, if successful, it could be a turning point for the widespread acceptance of Ripple (XRP) as an investment asset. Moreover, the success of this ETF in Brazil may prompt regulators in other countries, including the US, to expedite the approval process for similar products. This could open the door to more crypto-based ETF products, enriching the global financial market.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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