Introduction
The XRPH11 ETF, launched by Hashdex on Brazil's B3 stock exchange, marks the world's first exchange-traded fund tied to XRP. Approved by Brazil's Securities and Exchange Commission (CVM) in February 2025, this groundbreaking product offers investors regulated exposure to XRP—a leading digital asset in cross-border payments.
👉 Discover how XRP ETFs are revolutionizing crypto investments
Key Features of XRPH11 ETF
- First Global XRP ETF: Pioneering listing on Brazil’s B3 exchange.
- Index Tracking: Follows the Nasdaq XRP Reference Price Index, with >95% allocation to XRP.
- Competitive Fees: 0.70% administration fee + 0.10% custody fee annually.
- Regulated Access: Provides secure exposure to XRP’s price movements.
"XRPH11 represents a milestone for crypto adoption in regulated markets, combining innovation with investor protection." — Hashdex
Regulatory Approval & Fund Structure
CVM Approval
Brazil’s CVM greenlit XRPH11 in February 2025, signaling growing acceptance of crypto-based financial products. Managed by Genial Investimentos and Hashdex, the ETF aligns with Brazil’s mono-asset ETF series (e.g., BITH11 for Bitcoin).
Listing Details
- Launch Price: R$19.76 per share.
- Net Equity: R$551.2 million on debut.
- Strategy: Combines direct XRP holdings and futures contracts to mirror the Nasdaq XRP Index.
Investment Strategy & Market Impact
Target Audience
- Sophisticated investors seeking structured crypto exposure.
- Institutions diversifying portfolios with regulated digital assets.
Global Implications
- Latin American Leadership: Positions Brazil as a crypto ETF innovator.
- Benchmark Potential: XRPH11’s performance may influence other markets to approve XRP-linked products.
👉 Why institutional investors are turning to XRP ETFs
FAQs
1. What makes XRPH11 unique?
It’s the first ETF globally to track XRP, offering regulated access via Brazil’s B3 exchange.
2. How does the ETF track XRP’s price?
Through the Nasdaq XRP Index, using direct holdings and futures contracts.
3. What are the fees?
0.70% (admin) + 0.10% (custody) annually—competitive with global crypto ETF standards.
4. Could this ETF spark similar products elsewhere?
Yes. Success in Brazil may encourage other regulators to approve XRP funds.
5. Who manages XRPH11?
Hashdex, in partnership with Genial Investimentos.
Conclusion
The XRPH11 ETF bridges traditional finance and crypto, underscoring XRP’s utility in payments and institutional portfolios. As the first product of its kind, it sets a precedent for global crypto ETF innovation.
For more insights on crypto ETFs, explore our dedicated analysis here.
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