- Hashdex debuts spot XRP ETF, targeting institutional investors.
- Shift in crypto regulation and market dynamics.
- XRP gains regulated exposure through XRPH11 ETF.

Hashdex, in partnership with Genial Investimentos, launched the world’s first spot XRP ETF on April 25 on Brazil’s B3 stock exchange.
This launch is a pivotal development in the crypto market, potentially increasing institutional interest and trading volumes in XRP.
The launch of XRPH11, the first spot XRP ETF, occurred on April 25, 2025, on Brazil’s B3 exchange. This ETF targets institutional and sophisticated investors, offering a regulated entry to XRP investments.
Hashdex, a leading crypto asset manager, partnered with Genial Investimentos to manage XRPH11. Samir Kerbage, Hashdex’s CIO, highlighted the ETF’s aim to attract institutional investors, leveraging Brazil’s equity market infrastructure.
“Hashdex just launched XRPH11, giving investors secure and regulated access to $XRP — one of the leading #crypto assets focused on fast, low-cost international payments.”
The XRP ETF’s debut could enhance XRP’s market liquidity, simultaneously increasing regulated investor participation. Market analysts suggest potential escalation in XRP trading volumes following such endorsement.
The ETF’s structure, allocating 95% to XRP, helps institutional entities engage with the asset seamlessly. Financial analysts project an increasing trend in XRP-related investments.
Industry experts suggest this ETF could pave the way for more regulated crypto offerings, potentially impacting financial markets. If similar products receive U.S. approval, the international investment landscape for XRP may change drastically.
Historically, such ETF launches result in temporary market surges, enhancing asset visibility and drawing investor interest. Hashdex’s consistent market leadership exemplifies its influence on regulated crypto investments in Latin America.