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Brazil Launches 1st Ever Spot XRP ETF — Is A US Approval Coming?

Bitcoinist LogoBitcoinist17h ago

Brazil Launches 1st Ever Spot XRP ETF — Is A US Approval Coming? - Bitcoinist

Quick Summary:

Brazil has emerged as the first country to introduce an XRP ETF, providing its investors with a fresh means to tap into the cryptocurrency market.

A number of large asset managers such as Grayscale and Franklin Templeton have filed requests for XRP spot ETFs in the US.

The firm already has equivalent products that track Bitcoin, Ethereum, and Solana, indicating Brazil’s increasing openness to investing in cryptocurrencies.


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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 04:30:40 (17 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 28279422

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 8 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Brazil Launches 1st Ever Spot XRP ETF — Is A US Approval Coming?" was covered 17 hours ago by Bitcoinist, a news publisher based in Hungary.

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The outlet is headquartered in Hungary and publishes an average of 8 news stories per day.

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  • News ID: #28279422
  • URL: https://beamstart.com/news/brazil-launches-1st-ever-spot-17459014316115

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