INSUBCONTINENT EXCLUSIVE:
its pre-operational phase, gathering initial capital for its B3 stock exchange launch
Previously, Brazil launched a Bitcoin ETF in 2021, showing its knack for crypto innovation.Markets react swiftly as XRP jumps 28.33% in
2025, hitting $2.67 by February 19, per CoinMarketCap data
Some outlets report a $2.75 peak, reflecting a 17% daily surge tied to the news
Hashdex, managing $962 million in assets, builds on its Bitcoin and Solana ETF success.Meanwhile, U.S
firms like Grayscale and Bitwise push for similar ETFs, facing an SEC deadline in October 2025
Investors watch closely as Brazil sets a precedent, potentially reshaping global crypto investment.The ETF simplifies access, letting buyers
skip the hassles of direct crypto ownership
Still, its launch date remains unconfirmed, keeping markets on edge
Observers note that success here could spark a wave of ETF approvals worldwide
suit, unlocking billions in institutional funds
The numbers tell a clear tale: XRP and Brazil mean business.
