Important for altcoins

Brazilian regulators have approved the creation of a new Exchange Traded Fund, featuring XRP. It will be released on the most important Latin American exchange, the B3 exchange.

The Spot ETF called Hashdex Nasdaq XRP Index Fund will only have XRP in it, and is the first ETF in the world not containing Bitcoin or Ethereum. It is not active yet, but it is only a matter of time before that happens.

This is very important news for all other altcoins out there, as this is the way to attract more investors and money to their projects. It shows that it is only a matter of time before we have ETF’s featuring multiple cryptocurrencies…

The future is bright!

Sincerely,

Pele23

Posted Using INLEO