Sabtu, 26 April 2025

First spot XRP ETF issued by Hashdex begins trading in Brazil

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First spot XRP ETF issued by Hashdex begins trading in Brazil

The fund gives a head start to Hashdex in a race to conquer an $8 billion market.

CryptoSlate

Apr 26

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Happy Saturday!

Hashdex makes headlines with the world’s first spot XRP ETF now trading in Brazil, giving the firm a jumpstart in the $8 billion ETF race. Meanwhile, Bitcoin miners are feeling the heat as average production costs soared 47% in Q4, hitting $137,000 per Bitcoin when factoring in taxes and non-cash charges-squeezing margins across the sector. And in Switzerland, the central bank is standing firm, dismissing Bitcoin for reserves over volatility concerns despite growing calls for crypto inclusion. Stay informed on the latest developments driving the future of crypto.

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The global crypto market cap is $2.96 trillion, with a 24-hour volume of $79.12 billion. The price of Bitcoin is $94,357.22, and BTC market dominance is 63.3%. The price of Ethereum is $1,803.14, and ETH market dominance is 7.4%. The best-performing sector is Virtuals, which gained 12%. The Crypto Fear & Greed Index is currently Greed (65).