XRP ETF Crash: Brazil’s XRPH11 Plummets 20%+ as Hype Fades
The world’s inaugural spot XRP exchange-traded fund, XRPH11, has suffered a significant blow, plummeting over 20% since its highly anticipated launch in Brazil. Issued by Hashdex and listed on the B3 stock exchange, the ETF has failed to sustain investor momentum, mirroring a sharp decline in XRP’s underlying market value. On June 13, XRPH11 closed…