Finally, an XRP ETF has been approved in Brazil via the B3 Exchange crypto ETF filings, but can it help reverse the XRP price at a key lifeline?
Brazil continues to set the pace in crypto innovation with the upcoming launch of the Hashdex Nasdaq XRP ETF. Set to launch on Brazil’s B3 exchange, the Hashdex Nasdaq XRP Index Fund signals a win for XRP investors everywhere.
Among XRP holders, there are literally three options you can take as of right now:
- Leave civilization and build a cottage in the middle of nowhere and live like that
- Buy XRP and get rich (nfa)
- Do neither of those two options and just perish in civilization because of your inaction
Trading dates are still TBD, but the market’s hunger for structured crypto products is impossible to ignore. What’s behind the significance of this move?
Why the Hashdex XRP ETF Matters For XRP Price
With global interest in digital assets skyrocketing, investors are hunting for accessible, low-risk paths into the market. The Hashdex Nasdaq XRP Index Fund gives them that exposure to XRP, the third-largest cryptocurrency by market cap and up 6.2% to $2.71, without the headache of wallets or custody.
A Hashdex spokesperson commented on the trade that “the spot XRP ETF meets the demand for transparent, regulated investment options in cryptocurrency.”
Designed by Ripple to streamline global payments, XRP has gained traction as blockchain gains mainstream recognition.
Meanwhile, Brazil, already hailed as Latin America’s crypto hub, has become a breeding ground for blockchain innovation. While other nations dabble in regulatory gray zones, Brazil is rolling out products from Bitcoin ETFs to Ethereum funds, with banks offering direct access to crypto.
Global Ripple Effect of XRP ETF: Does This Change Things For Crypto ETF Filings Worldwide?
While Brazil leads with the Hashdex XRP ETF, other nations are playing catch-up.
The U.S. SEC has taken baby steps, approving Bitcoin and Ethereum ETFs, but XRP remains tangled in red tape. Brazil’s latest move could push things forward.
Planting the Ripple flag in Portugal today with Unicâmbio, our first Portuguese client and the country’s leading currency exchange provider! Using Ripple Payments, their corporate customers can now move funds near instantly between 🇵🇹 & 🇧🇷. https://t.co/ruOdZnHtAT
— Ripple (@Ripple) February 10, 2025
Analysts at J.P. Morgan estimate crypto ETFs might pull in $3 to $6 billion in the coming year. Ripple’s XRP makes sense as part of this narrative—fast, cost-effective, and built for solving real problems like cross-border payments.
With banks and remittance companies on board, XRP is one of the few cryptos bridging the gap between digital and traditional finance. At $158 billion in market cap, it’s already attracting waves of attention as blockchain cements its place.
DON’T MISS: Mind of Pepe Could be The Next 100x AI Crypto Agent Coin
MIND of Pepe ($MIND) could be a stroke of brilliance or the madness crypto deserves. Touted as the first AI meme coin, it’s a self-governing token that merges blockchain tech with artificial intelligence. But forget hype for a moment; $ MIND has real utility.
Mind of Pepe digests trading data, serves it back to holders as real insights, and self-generates new tokens and social media content.
Unsurprisingly, $MIND has raked in $6.5 million during its presale, priced at $0.0033587 a token. The coin has locked up 10% of its total supply, riding Ethereum’s blockchain as an ERC-20 token and accepting payments in ETH, USDT, or BNB
Here’s the TL;DR for this presale:
- Raised: $6.5 million
- Blockchain: Ethereum
- Token type: ERC-20
- Token price: $0.0033587
- Accepted payments: ETH, USDT, BNB, Card
Don’t Psych Yourself Out! Get in on $MIND of Pepe Right NOW
EXPLORE: The History Books Will Remember Crypto 2025: But What’s The Best New Crypto to Buy?
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
- Brazil and B3 exchange continues to set the pace in crypto innovation with the upcoming launch of the Hashdex Nasdaq XRP ETF..
- Analysts at J.P. Morgan estimate crypto ETFs might pull in $3 to $6 billion in the coming year.
- Unsurprisingly, $MIND has raked in $6.5 million during its presale, priced at $0.0033587 a token.
Free Bitcoin Crash Course
- Enjoyed by over 100,000 students.
- One email a day, 7 days in a row.
- Short and educational, guaranteed!
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
