<ul><li>Brazil has become the first country to approve a spot XRP exchange-traded fund (ETF), highlighting its growing influence in the crypto market.</li><li>The XRP ETF, managed by Hashdex and overseen by Genial Investimentos, has been approved by the Brazilian Securities and Exchange Commission (CVM).</li><li>Brazil's approval of the XRP ETF showcases increasing institutional interest in the cryptocurrency and solidifies the country's position in digital asset adoption.</li><li>The approval coincides with a surge of spot XRP ETF applications in the United States, where the SEC is reviewing proposals from various companies.</li></ul>

Brazil Leads Latin America with Historic Approval of XRP ETF

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