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Brazil's SEC Approves Hashdex to Launch World's First Spot XRP ETF; $XRP to $10,000 Speculated, Listing Date Not Determined

The Brazilian Securities and Exchange Commission (SEC) has approved Hashdex to launch the world's first spot XRP exchange-traded fund (ETF) in Brazil
By: DeepNewz • February 19, 2025
Brazil's SEC Approves Hashdex to Launch World's First Spot XRP ETF; $XRP to $10,000 Speculated, Listing Date Not Determined

The Brazilian Securities and Exchange Commission (SEC) has approved Hashdex to launch the world's first spot XRP exchange-traded fund (ETF) in Brazil. While the specific date for the ETF's listing on the Brazilian Stock Exchange B3 has not yet been announced, this marks a significant development in the cryptocurrency market. The approval could potentially influence the price of XRP, with speculation suggesting it could rise to $10,000.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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