<ul><li>Brazil has launched the world's first spot XRP ETF, known as Hashdex Nasdaq XRP Fundo de Índice (XRPH11).</li><li>The XRP ETF provides investors with direct exposure to XRP, potentially leading to increased adoption, buying pressure, and higher prices.</li><li>Following the ETF launch, XRP price surged over 8% in a single day, accompanied by a 22% spike in trading volume on major exchanges.</li><li>The XRP ETF's success in Brazil could pave the way for spot ETFs in larger markets, such as the U.S., Europe, and Asia.</li></ul>

First XRP ETF Launched, Can XRP Beat Ethereum After All?

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