The ETF charges an annual fee of up to 0.7% for management and administration, and a custody fee capped at 0.1%. Unlike many other funds, there are no structuring fees attached. With XRPH11, Hashdex has expanded its crypto ETF lineup to nine products on B3, including funds linked to Bitcoin (BITH11), Ethereum (ETHE11), and Solana (SOLH11). These ETFs mainly target professional investors looking to build regulated crypto strategies inside Brazil.
Speaking about the launch, Samir Kerbage, Hashdex’s Chief Investment Officer, said the company aims to offer simple and secure ways for institutions to access crypto markets. Meanwhile, in the United States, hopes are rising for similar spot XRP and Solana ETFs, with analysts predicting they could attract up to $14 billion if approved. For now, Brazil is leading the way, proving once again it’s not afraid to take bold steps in the world of digital finance.
U.S. Senator Chris Murphy (D-Conn.) is calling for legislation to ban prediction markets that allow traders to bet…
The U.S. Internal Revenue Service (IRS) has proposed a new rule that would allow cryptocy brokers to deliver…
Global fintech powerhouse Revolut has filed an application for a U.S. banking license, a move that would allow…
A man accused of stealing tens of millions of dollars in cryptocy from U.S. government…
Intercontinental Exchange (ICE) — the parent company of the New York Stock Exchange — has taken a strategic…
A new study from the Bitcoin Policy Institute (BPI) found that leading artificial intelligence models overwhelmingly favor Bitcoin…