{"id":843669,"date":"2025-04-26T09:11:41","date_gmt":"2025-04-26T14:11:41","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/26\/worlds-first-xrp-etf-begins-trading-in-brazil\/"},"modified":"2025-04-26T09:11:41","modified_gmt":"2025-04-26T14:11:41","slug":"worlds-first-xrp-etf-begins-trading-in-brazil","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/26\/worlds-first-xrp-etf-begins-trading-in-brazil\/","title":{"rendered":"World\u2019s First XRP ETF Begins Trading in Brazil"},"content":{"rendered":"
\n

An XRP ETF dubbed XRPH11 began trading in Brazil today, making it the first such product in the world. The ETF, issued by Hashdex, is being traded on Brazil\u2019s B3 stock exchange.<\/strong><\/p>\n

Brazil also made history by approving the first Solana<\/a> ETF last year. XRPH11\u2019s trading volume isn\u2019t public knowledge yet, but it could pave the way for such approvals in the US market. <\/p>\n

Brazil\u2019s XRP ETF Goes Live<\/h2>\n

Hashdex first won approval<\/a> to trade this XRP ETF<\/a> in Brazil in February. Although the firm has pursued several crypto ETFs <\/a>in the US, it recognized Brazil as a potential focus area<\/a> nearly two years ago. <\/p>\n

Today, Hashdex\u2019s efforts are bearing fruit, as B3 announced earlier.<\/p>\n

\n

\u201cXRPH11 is part of Hashdex\u2019s line of mono-asset funds, such as the ETFs BITH11, ETHE11 and SOLH11. The focus of these ETFs is sophisticated investors, such as institutional investors who want to build crypto portfolios on B3,\u201d Samir Kerbage, CIO of Hashdex, said in a statement<\/a> to local media. <\/p>\n<\/blockquote>\n

XRPH11 will invest at least 95% of its assets in XRP, although it will consist of direct and indirect holdings. So far, it doesn\u2019t seem like any trading data from its first day is publicly available, but Hashdex\u2019s site confirms<\/a> that XRPH11 is live already.<\/p>\n

Nonetheless, Brazil has won a major accomplishment, as the first-ever XRP ETF is trading in its markets. US-based regulators<\/a> have been signaling their willingness to approve these products<\/a>, but the applicants are still waiting. <\/p>\n

Compared to this drawn-out process, Brazil\u2019s green light in February and market launch in April seem downright speedy.<\/p>\n

Last year, Brazilian regulators also approved the world\u2019s first Solana ETF<\/a>, although it did not have much of an immediate market impact<\/a>. Hopefully, this situation will not replicate itself in today\u2019s trade data; there are several worrying signs<\/a> in XRP\u2019s price movements. <\/p>\n

If Brazil\u2019s new ETF lands with a thud for XRP as it did for Solana, this might spell further bearishness.<\/p>\n

Either way, XRPH11\u2019s trading performance will contain several useful information. The US ETF market could soon face a flood of altcoin products<\/a>, and these may not stand a chance of capturing Bitcoin\u2019s market dominance. <\/p>\n

As of now, Polymarket shows a 74% chance of an XRP ETF approval in the US by the end of this year. <\/p>\n

\n

Disclaimer<\/p>\n

In adherence to the Trust Project<\/a> guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our\u00a0Terms and Conditions<\/a>,\u00a0Privacy Policy<\/a>, and\u00a0Disclaimers<\/a>\u00a0have been updated.<\/p>\n<\/div><\/div>\n

Read More<\/a>
\n Landon Manning<\/p>\n","protected":false},"excerpt":{"rendered":"

An XRP ETF dubbed XRPH11 began trading in Brazil today, making it the first such product in the world. The ETF, issued by Hashdex, is being traded on Brazil\u2019s B3 stock exchange. Brazil also made history by approving the first Solana ETF last year. XRPH11\u2019s trading volume isn\u2019t public knowledge yet, but it could pave<\/p>\n","protected":false},"author":1,"featured_media":843670,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[673,1329],"tags":[],"class_list":{"0":"post-843669","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-first","8":"category-worlds"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=843669"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/843670"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=843669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=843669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=843669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}