Hashdex introduced XRP ETF in Brazil, Boost Ripple’s Adoption
Hashdex introduced XRP ETF in Brazil, Securing Regulated XRP Access for Investors.
Quick overview
- Brazil has launched the XRPH11, the world's first XRP ETF, enhancing regulated access to XRP for investors.
- Hashdex aims to democratize cryptocurrency investing by offering compliant and safe investment solutions.
- The launch of the XRP ETF is expected to strengthen Brazil's crypto investment landscape and promote global XRP adoption.
- With this launch, Brazil becomes the country with the most ETFs introduced by Hashdex, reflecting a growing trend in compliant crypto investments.
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Investments in cryptocurrency are getting easier in Brazil, as an XRP ETF was recently launched. Hashdex introduced XRP ETF in Brazil, Securing Regulated XRP Access for Investors. This will help further adopt XRP globally.
XRP ETF Launches in Brazil, Securing Regulated XRP Access for Investors
The Brazilian crypto market has taken another big step forward. Asset manager Hashdex revealed that they would launch XRPH11, or what they claimed to be “the world’s first XRP ETF.” This ETF, which is registered in Brazil, is expected to strengthen the crypto investment domain in the country while also helping Hashdex propel the industry forward.
The company duo went on explaining the pros of the ETF for the exchange, claiming that:
“Hashdex is enabling compliant and regulated investment into one of the leading digital assets on the XRPH11 ETF, designed for fast and cost-effective international transactions.”
Brazil has now become the country with the most ETFs launched by Hashdex, given this was the ninth for XT and 33 worldwide. Furthermore, these changes are meant to increase the level at which investment in compliant crypto ventures is available to users in countries where rules are.
The company also underlined its ongoing goal to change the investment landscape:
“Our goal at Hashdex is still to democratize cryptocurrency investing by providing regulated, safe, and easily accessible solutions.
This approach upholds investor protections and regulatory control while promoting a larger trend toward crypto-integration into conventional financial systems.”
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