Este artículo también está disponible en estñol.
It is a major victory for Ripple ($ XRP) as the Compsão De Valores Mobiliáryos (CVM) has agreed to the world’s first exchange in the world (ETF) in the world.
The news is another big step in the company’s expansion, which already includes partnerships with central banks.
The encryption market has interacted positively with this development, which Raise the price of XRP $ over the past 48 hours. The development will certainly increase the exposure of other traded investment funds in Brazil. This includes Solana ($ Sol) – which has two of the country’s investment funds – as well as relevant projects such as Solaxy ($ Solx).
Let’s dive into the details below.
XRP gains add -on with ETF approval
Brazilian CVM has announced the approval of $ XRP Spot ETF on February 18, the first of its kind around the world. The box known officially as the “Hashdex Nasdaq XRP Index Fund” was created on December 10, 2024, and will be circulated in B3, the main stock exchange in the country.
With Genvention Investmentos as an official, ETF will allow $ XRP ETF for investors to obtain direct exposure to XRP $.
This means that they will be able to predict the price of the digital currency in the stock market without already having XRP codes. This will also facilitate investment in the distinctive symbol, as they can do this without using encryption wallets.
However, there is no information regarding the date of ETF launch. We will keep you aware as soon as this happens.
A big victory for $ XRP and other encrypted currencies
Certainly, approval of the first $ XRP ETF group will help in Ripple’s rapid expansion around the world, as shown above.
But in addition to ETF, the company also has Partnership with 10 central banksIncluding Colombia, Georgia and Mountain – to help develop its digital banks.
CVM approval can also accelerate the confirmation of $ XRP ETFS currently under review in the United States, such as Rex-ASPREY $ XRP ETF and Canary $ XRP ETF and 21shares Core $ XRP TRUST. The United States government will be more suitable for encryption to increase the possibility of this approval.
The entry of $ XRP on the Brazilian stock exchange was reflected positively on the distinctive code price. As of writing, XRP is $ 2.69 after it came out to $ 2.12 on February 3.
XRP approval heralds Solana and Skalasi
ETF Spot $ Spot is one of several investment funds circulating in Brazil. Solana has two boxes, one presented by the Brazilian asset director QR Asset, the other under Hashdex, which also runs $ XRP, as well as $ BTC and $ ETH boxes.
Both $ Sol Atfs was approved in August 2024. ETF Spot Asset collected from QR 2.75 million dollars during its first year launch in the same month.
Meanwhile, $ Sol ETF, at the same time, in the pre -operations. Once Solana’s funds start trading, we can expect $ Sol clarity and value to increase more.
How do you aim to achieve all of this? Through the Roll-UP technology, which collects transactions together and treats them outside the chain, making the whole process more efficient.
And if you are wondering about the end of security because of this, then. Solaxy will end the transactions on Solana, which means that the transactions will inherit the wonderful safety of Blockchain.
The $ Solx symbol is currently in the pre -prepared period, which will allow so far, the project has already raised $ 22.4 million, making it one of the best pre -blades for 2025.
Instead, you can share them. This means locking $ Solx in a portfolio full of time, giving you the opportunity to earn a negative income (currently APY 181 %).
$ Solx is still affordable at $ 0.00164 only each. An increase in other prices will occur in less than 10 hours, so it is best to buy icons as soon as possible.
Search before you invest
The encryption trading can be very volatile. This means that there is great potential for you either to lose or gain from your investment. For this reason, always do your own search before buying Crypto, and never invest money that is not ready for loss.
Also, talk with a financial advisor if you are considering purchasing encryption. The information in this article is for educational purposes only and does not constitute an investment advice.
