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tldr; Brazil has become the first country to launch a spot XRP exchange-traded fund (ETF), named XRPH11, which began trading on April 25, 2025, on B3, Brazil's main stock exchange. Created by Hashdex and managed by Genial Investimentos, the ETF invests at least 95% of its assets in XRP or related financial products. It tracks the XRP Reference Price Index and charges annual fees of up to 0.7%. This marks a significant milestone in Brazil's crypto market, offering regulated access to XRP for investors. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.