XRP Makes History: Hashdex Launches World’s First XRP ETF in Brazil
In a groundbreaking move for the cryptocurrency industry, Brazil has solidified its reputation as a pioneer in crypto innovation with the launch of the world’s first XRP exchange-traded fund (ETF), XRPH11. Spearheaded by asset manager Hashdex, this milestone offers investors a compliant and accessible way to gain exposure to Ripple’s native token through traditional markets. The introduction of this ETF underscores the increasing institutional demand for regulated crypto products, further legitimizing digital assets in the financial sector. As of April 2025, this development marks a significant step forward for XRP and the broader cryptocurrency ecosystem, potentially paving the way for more regulated crypto investment vehicles globally.
Hashdex Launches World’s First XRP ETF in Brazil, Boosting Regulated Crypto Access
Brazil has cemented its position as a crypto innovation hub with the debut of XRPH11, the world’s first XRP exchange-traded fund. Asset manager Hashdex spearheads this milestone, offering investors compliant exposure to Ripple’s native token through traditional markets.
The ETF launch reflects growing institutional demand for regulated crypto products. Hashdex now holds the record for most crypto ETFs launched in Brazil, signaling strong market appetite for digital asset investment vehicles. Market analysts anticipate this development will accelerate XRP adoption across Latin America’s largest economy.
"This isn’t just about creating another investment product," observed a Sao Paulo-based fund manager. "It’s about bridging the gap between traditional finance and the digital asset ecosystem." The listing comes as global regulators increasingly scrutinize crypto markets, making compliant access points increasingly valuable.
XRP Price Potential Soars as XRPL Eyes Hidden Road’s $1.5T Volume
Ripple’s $1.5 billion acquisition of prime brokerage Hidden Road marks a strategic push into traditional finance, with the firm processing $10 billion in daily transactions. XRP Ledger’s potential integration could redirect 30% of this flow—a catalyst for XRP’s price to breach two-digit territory.
Analyst Zach Rector highlights the scaling effect of institutional volume on XRP’s valuation. The move aligns with Ripple CTO David Schwartz’s vision of XRPL as a settlement layer for cross-border transactions, though exact price projections remain speculative.
CryptoGuard COO Predicts XRP Could Reach $1,000 Amid Strong Personal Conviction
Matthew Brienen, COO of CryptoGuard, has projected a bold $1,000 price target for XRP during the inaugural ’Ask Matty Show.’ The fourth-largest cryptocurrency by market cap now anchors half of Brienen’s personal portfolio, though specific holdings remain undisclosed.
Brienen’s accumulation strategy dates to 2020, employing dollar-cost averaging to mitigate volatility. His bifurcated outlook includes both short-term tactical positioning and long-term structural bets on XRP’s ecosystem potential.
SEC Sets April 30 Launch Date for ProShares’ XRP ETF
The U.S. Securities and Exchange Commission has indicated a potential April 30, 2025 launch date for ProShares’ XRP ETF, according to a recent filing. While final approval remains pending, the disclosed offering date has ignited speculation across crypto markets.
Market observers noted the registration statement under the Investment Company Act, which listed the tentative public offering date. This marks the most concrete evidence to date of an imminent XRP ETF—a development that could significantly impact the digital asset landscape.
XRP price action showed heightened volatility following the news, with traders anticipating increased institutional access through the proposed ETF structure. The filing comes amid growing demand for crypto investment vehicles following Bitcoin and Ethereum ETF approvals.
