{"id":843679,"date":"2025-04-26T09:11:36","date_gmt":"2025-04-26T14:11:36","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/26\/first-spot-xrp-etf-issued-by-hashdex-begins-trading-in-brazil\/"},"modified":"2025-04-26T09:11:36","modified_gmt":"2025-04-26T14:11:36","slug":"first-spot-xrp-etf-issued-by-hashdex-begins-trading-in-brazil","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/04\/26\/first-spot-xrp-etf-issued-by-hashdex-begins-trading-in-brazil\/","title":{"rendered":"First spot XRP ETF issued by Hashdex begins trading in Brazil"},"content":{"rendered":"
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\"First First spot XRP ETF issued by Hashdex begins trading in Brazil<\/span> Gino Matos \u00b7<\/span> 15 hours ago<\/span> \u00b7 1 min read<\/span> <\/span> <\/span> <\/span> <\/span><\/p>\n

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The fund gives a head start to Hashdex in a race to conquer an $8 billion market.<\/p>\n

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1 min read<\/span><\/p>\n

Updated:<\/span> Apr. 25, 2025 at 9:51 pm UTC<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"First<\/p>\n

Cover art\/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.<\/p>\n<\/div>\n<\/div>\n

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The first spot exchange-traded fund (ETF) tied to XRP<\/a> in the world, issued by Hashdex and managed by Genial Investimentos, began trading on April 25 on Brazil\u2019s stock exchange, B3.\u00a0<\/span><\/p>\n

Listed under the ticker XRPH11, the ETF tracks the Nasdaq XRP Reference Price Index and, according to Hashdex, will allocate at least 95% of its net assets to XRP. The introduction of the fund marks Hashdex\u2019s ninth ETF launch on the Brazilian exchange.<\/span><\/p>\n

The asset manager might use direct or indirect holdings, futures contracts aimed at replicating the index\u2019s performance, or other financial instruments that reflect the price of XRP as defined by Nasdaq\u2019s benchmark to give exposure.<\/span><\/p>\n

The launch expands Hashdex\u2019s single-asset ETF offerings on B3, which also include products based on Bitcoin (BTC<\/a>), Ethereum (ETH<\/a>), and Solana (SOL<\/a>).\u00a0<\/span><\/p>\n

According to Hashdex\u2019s chief investment officer, Samir Kerbage, the fund aims to attract sophisticated investors, including institutions looking to build crypto portfolios on Brazil\u2019s equity market infrastructure.<\/span><\/p>\n

He added that the ETF aims to expand investor access while aligning with regulatory guidance on fund safety and transparency.<\/span><\/p>\n

An $8 billion market<\/strong><\/h2>\n

XRP-related exchange-traded products (ETPs) registered<\/span> $950 million in assets under management<\/a><\/strong> (AUM) as of April 18, as CoinShares<\/a> reported.\u00a0<\/span><\/p>\n

Additionally, XRP funds registered the strongest weekly inflows among other crypto-related ETPs last week, with $37.7 million allocated.<\/span><\/p>\n

According to a January prediction by JPMorgan, these products could<\/span> attract up to $8 billion in net flows<\/a><\/strong>, over eight times their current AUM size.<\/span><\/p>\n

Although Hashdex secured a head start in conquering this market, Brazil represents only 0.9% of the global AUM of crypto ETPs. XRPH11 must find global appeal to reach a significant AUM and grant Hashdex a comfortable spot in the race.<\/span><\/p>\n

Mentioned in this article<\/h6>\n
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Latest Brazil<\/span> Stories<\/h5>\n<\/div>\n
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Latest XRP<\/span> Stories<\/h5>\n<\/div>\n
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Latest Alpha<\/span> Market Report<\/h6>\n<\/div>\n
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Press Releases<\/h5>\n<\/header>\n<\/div>\n<\/div>\n<\/div>\n

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

First spot XRP ETF issued by Hashdex begins trading in Brazil Gino Matos \u00b7 15 hours ago \u00b7 1 min read The fund gives a head start to Hashdex in a race to conquer an $8 billion market. 1 min read Updated: Apr. 25, 2025 at 9:51 pm UTC Cover art\/illustration via CryptoSlate. Image includes<\/p>\n","protected":false},"author":1,"featured_media":843680,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[673,24702],"tags":[],"class_list":["post-843679","post","type-post","status-publish","format-standard","has-post-thumbnail","category-first","category-issued"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843679","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=843679"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/843679\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/843680"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=843679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=843679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=843679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}