PANews reported on April 26 that according to Cryptoslate, the world's first spot exchange-traded fund (ETF) linked to XRP was issued by Hashdex and managed by Genial Investimentos. It began trading on the Brazilian Stock Exchange B3 on April 25. The ETF code is XRPH11, tracking the Nasdaq XRP Reference Price Index. According to Hashdex, the ETF will allocate at least 95% of its net assets to XRP.