Big news for cryptocurrency! Brazil just became the first country to allow an XRP exchange-traded fund (ETF). Think of an ETF like a basket of goodies, in this case, XRP, which you can buy easily on the stock market. This is a really big deal because it shows that countries are taking crypto more seriously. Brazil is leading the way in South America.
- Brazil approved the first-ever XRP ETF.
- This means you can buy XRP like you buy regular stocks.
- It shows more and more people and places trust crypto.
- There's a good chance the US might approve similar ETFs soon!
| Fact | Number |
|---|---|
| XRP ETF approved in | Brazil |
| Growth in transactions over $1 million (Brazil) | 48.4% |
| Brazil's share of stablecoin transactions in Latin America | 59.8% |
| Probability of US approving XRP ETF in 2025 (Polymarket) | 80% |
