XRP ETF Launches in Brazil, Expanding Regulated Crypto Access
A new exchange-traded fund (ETF) tracking XRP has officially launched in Brazil, marking a major step forward for regulated crypto investment in Latin America and signaling growing global momentum for XRP adoption.
Global crypto asset manager Hashdex announced the debut of the XRPH11 ETF on April 25 via the social platform X. The firm described it as “the world’s first XRP ETF” and a milestone for the Brazilian stock exchange. The fund provides investors with secure, regulated access to XRP, a digital asset designed for fast and low-cost cross-border payments.
The launch adds to Hashdex’s expanding lineup of crypto investment products — XRPH11 is its ninth crypto ETF in Brazil and its 33rd product worldwide. The firm said this move aligns with its broader mission to democratize access to crypto by offering trusted and compliant investment vehicles.
“We continue expanding access to the crypto economy, offering investors trusted, regulated, and efficient ways to participate in the future of finance,” Hashdex said in a statement.
As interest in crypto continues to rise across Latin America, the introduction of XRP into Brazil’s regulated financial ecosystem underscores the region’s growing commitment to investor protection and innovation in financial products.
The Brazil launch comes as speculation mounts about a potential XRP ETF in the United States. Optimism surged after Ripple Labs resolved its high-profile legal battle with the U.S. Securities and Exchange Commission (SEC), removing a major barrier to institutional adoption. Ripple CEO Brad Garlinghouse recently stated that an XRP ETF is likely inevitable, citing strong demand from both institutional and retail investors.
Adding to the momentum, CME Group is set to launch XRP futures trading on May 19, a move that could further legitimize XRP as a mainstream asset class.
With regulatory clarity improving and institutional interest growing, Hashdex’s Brazil ETF launch may be a sign of bigger things to come — both in Latin America and beyond.
Featured image from: u.today