World’s first XRP ETF begins trading in Brazil

The XRPH11 ETF started trading in Brazil today, marking a global first. Hashdex has established XRP as a focus area for growth in the crypto investment sphere.

The ETF’s performance may affect the possibility of altcoin ETF approvals in the US, where regulatory progress has been slower. A 74% chance of XRP ETF approval in the US by year-end has been suggested.

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