The Brazilian securities and stock market commission (CVM) approved the first securities investment fund (ETF) containing XRP. The fund, which will be managed by hashdex, will be listed in the country’s main stock market platform B3. The official transaction starting date has not yet become clear, but this development once again revealed Brazil’s innovative approach in the crypto money market. While regulations for crypto currency investments in the country are more flexible, it is noteworthy that similar applications in the US are still under investigation.
Reasons for Choosing XRP ETF
The establishment of the XRP -based ETF was determined as 10 December 2024. Gulial Investimentos, directed by the Fund, the use of XRP in the real world and increased institutional demand played an important role. With its XRP ETF, hashdex aims to provide a new alternative to investors and to increase the diversity in the crypto currency market.
XRP stands out as a preferred asset for payment solutions by banks and financial institutions. Especially due to the speed and low transaction fees it provides in international transfer systems, it attracts great attention. These factors are among the biggest elements that support XRP’s involvement in an investment fund. The approval of the fund shows that innovative steps towards the crypto currency market continue.
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Expanding Hashdex portfolio
Hashdex, Bitcoin before 
$96,276.81Ethereum 
$2,723.10 And by offering Solana -based ETFs, it provided a wide portfolio to investors. Now it increases this diversity with the XRP ETF. The company aims to contribute to market expansion by evaluating the interest of corporate investor in Brazil.
Brazil stands out with its flexibility in crypto money regulations. The CVM’s approved XRP ETF shows that the country offers an investor -friendly environment. Ripple 
$2.57 Latin American Director Silvio Pegado says Brazil’s open -regulatory approach to innovation facilitates the formation of such funds.
While similar applications are still evaluated in the USA, it is noteworthy that Brazil moves faster. Regulation differences between countries can direct investors to alternative markets. Innovative investment instruments such as XRP ETF are expected to attract more attention in the coming period.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
