Hashdex Launches World’s First XRP ETF on Brazil’s B3 Exchange

·

The world of digital asset investing has taken another bold leap forward with the launch of the first-ever exchange-traded fund (ETF) tied to XRP. Hashdex has officially introduced the XRPH11 ETF on Brazil’s B3 stock exchange, marking a historic milestone in cryptocurrency adoption within regulated financial markets. This groundbreaking product offers investors a transparent, secure, and compliant way to gain exposure to XRP—one of the most prominent digital assets powering cross-border payment solutions.

Backed by regulatory approval from Brazil’s Securities and Exchange Commission (CVM) in February 2025, XRPH11 represents a significant step toward mainstream integration of crypto assets. As institutional interest grows across Latin America and beyond, this ETF could serve as a blueprint for future digital asset products in other major economies.

👉 Discover how regulated crypto ETFs are reshaping global investment strategies.

Regulatory Approval and Market Entry

The Brazilian CVM’s green light for XRPH11 underscores the country’s progressive stance on financial innovation. This approval follows a series of successful launches of single-asset crypto ETFs in Brazil, including Bitcoin (BITH11) and Ethereum (ETHE11), also managed by Hashdex. The regulatory framework ensures investor protection while fostering access to high-potential digital assets.

XRPH11 began trading at an initial share price of R$19.76**, with first-day net equity reaching **R$551,217,650—a strong signal of market confidence. The fund is managed by Genial Investimentos under the Hashdex asset management umbrella, combining technical expertise with strict adherence to local compliance standards.

To remain competitive and investor-friendly, the ETF features low annual fees:

These rates align with both international benchmarks for crypto-linked ETFs and domestic expectations in Brazil’s growing fintech ecosystem.

Investment Strategy and Asset Allocation

At its core, XRPH11 is designed to track the Nasdaq XRP Reference Price Index, which aggregates XRP pricing data from leading global exchanges. This methodology ensures accurate representation of real-time market value, minimizing volatility distortions from any single platform.

The fund allocates over 95% of its daily equity directly to XRP, using a combination of:

This multi-pronged approach enhances liquidity management and reduces tracking error—the difference between the ETF’s performance and the underlying index. By maintaining tight alignment with daily price movements, XRPH11 delivers reliable exposure for investors seeking long-term growth linked to XRP’s utility in international payments.

Hashdex emphasizes transparency and regulatory compliance, positioning XRPH11 as part of its broader suite of single-asset crypto ETFs. With BITH11 and ETHE11 already established in the market, the addition of XRPH11 completes a trio of foundational digital asset offerings tailored for sophisticated investors operating within traditional financial systems.

Why XRP? The Role in Global Payments

XRP stands out among digital assets due to its focus on fast, low-cost cross-border transactions. Developed by Ripple Labs, it serves as a bridge currency for financial institutions aiming to streamline international remittances and reduce settlement times from days to seconds.

Unlike proof-of-work cryptocurrencies that consume significant energy, XRP operates on a consensus algorithm, making it more scalable and environmentally sustainable. Its growing adoption by banks and payment providers—particularly in emerging markets—has fueled demand for regulated investment vehicles like XRPH11.

As central banks explore digital currencies and legacy systems modernize, XRP’s infrastructure plays a crucial role in shaping the future of global finance. The introduction of an ETF allows traditional investors to participate in this evolution without managing private keys or navigating unregulated exchanges.

👉 Learn how blockchain technology is transforming cross-border finance.

Market Significance and Global Implications

The debut of XRPH11 on B3 is more than a national achievement—it’s a signal to global markets that regulated crypto ETFs are viable and in demand. Latin America has emerged as a leader in fintech innovation, and Brazil continues to set the pace with forward-thinking regulatory policies.

This launch may inspire similar initiatives in other jurisdictions. Asset managers like HashKey Capital and Teucrium have already announced plans for XRP-focused funds outside Brazil, indicating rising institutional appetite. Should XRPH11 demonstrate consistent performance and investor trust, it could influence decisions by regulators in larger markets such as the U.S., EU, or South Korea.

Moreover, the ETF provides valuable data on how crypto assets behave within traditional portfolios. Analysts can now study inflows, volatility patterns, and correlations with other asset classes—information that may support future approvals for spot XRP ETFs elsewhere.

Frequently Asked Questions (FAQ)

Q: What is XRPH11?
A: XRPH11 is the world’s first exchange-traded fund (ETF) linked to XRP. It trades on Brazil’s B3 stock exchange and provides regulated exposure to the digital asset through direct holdings and futures contracts.

Q: Is XRPH11 approved by regulators?
A: Yes, the Brazilian Securities and Exchange Commission (CVM) granted regulatory approval for XRPH11 in February 2025, ensuring compliance with national financial standards.

Q: How much of the fund is invested in XRP?
A: Over 95% of XRPH11’s daily equity is allocated to XRP, either directly or through instruments that track the Nasdaq XRP Reference Price Index.

Q: What are the fees associated with XRPH11?
A: The ETF charges an annual administration fee of 0.70% and a maximum custody fee of 0.10%, making it competitively priced compared to other crypto ETFs.

Q: Can international investors buy XRPH11?
A: Yes, subject to local regulations and brokerage access, global investors can trade XRPH11 through platforms connected to Brazil’s B3 exchange.

Q: Could this lead to an XRP ETF in the U.S.?
A: While not guaranteed, strong performance and investor adoption of XRPH11 may provide regulatory bodies like the SEC with real-world data supporting future spot XRP ETF applications.

The Road Ahead for Crypto ETFs

XRPH11 isn’t just a product—it’s a precedent. As more countries observe Brazil’s success in integrating digital assets into traditional finance, we may see accelerated development of tokenized funds across asset classes. From stablecoins to DeFi tokens, the infrastructure being built today could support a new era of on-chain asset management.

For investors, the key takeaway is clear: regulated access to crypto is expanding rapidly. Products like XRPH11 lower entry barriers, enhance security, and promote long-term confidence in digital asset investing.

👉 Explore the next generation of regulated crypto investment opportunities.

Core Keywords:

With innovation meeting regulation, the future of finance is being rewritten—one ETF at a time.