XRP ETF Slumps by 45% as Crypto Market Volatility Continues

The Hashdex Nasdaq XRP Fundo de Índice (XRPH11) on Brazil's B3 exchange, the world's first spot XRP ETF, has dropped by nearly 45% from its all-time high. Launched in April 2025, this fund allows investors to gain direct exposure to XRP.

The prolonged downturn has resulted in a loss of over 57% for XRPH11 in the past year, despite the growing interest in spot XRP ETFs in larger North American markets. These funds have attracted significant institutional investment since their launch.

XRP's price remains under pressure due to broader crypto market declines and token releases, trading near $1.38 at the time of reporting.