XRP ETF Approved in Brazil

First Spot XRP ETF Approved for Trading in Brazil

• The Hashdex Nasdaq XRP Index Fund will trade on Brazil’s B3 exchange.
• The fund received approval from Brazil’s financial investments regulator.
• Hashdex has not announced the start date for trading.
• Brazil is Latin America’s largest economy and a major crypto market.
• XRP was developed by Ripple to facilitate cross-border payments.

The Hashdex Nasdaq XRP Index Fund, approved by Brazil’s financial regulator, will soon trade on the B3 exchange. The fund marks a significant step as Brazil continues to lead in Latin America’s crypto investment landscape.