that Investor Who invested $1000 in the world’s first XRP coin European Training Foundation When it launched in April 2025, it would have now lost about $457.
In this line, the Brazilian Hashdex Nasdaq XRP Fundo de Índice (XRPH11) debuted on April 25, 2025, becoming the first regulated XRP spot ETF.
The fund, which holds nearly all of its assets in physical XRP and tracks the Nasdaq XRP reference price index, launched with about $40 million in assets under management.
As of market close on July 3, XRPH11 was trading at R$9.14 ($1.74). Since its launch, the fund has registered an unprecedented 54.3% decline, bringing the initial $1,000 investment down to about $457.
After peaking shortly after the launch, XRPH11 entered a long-term downtrend. The ETF ended last year down 53.77%, while its six-month performance fell by 43.23%.
Assets under management also decreased from approximately $40 million at launch to approximately $22 million to $25 million as of early July 2026.
The impact of ETF on the price of XRP
The fund’s relatively small size also limited its impact on the broader XRP market. Brazil encryption The ETF sector represented less than 1% of global exchange-traded crypto product assets at the launch of XRPH11, meaning ETFs generated little buying pressure to materially impact the price of XRP.
The landscape changed dramatically after the launch of XRP ETFs in the US in November 2025.
Products from issuers including Canary Capital, Bitwise, Franklin Templeton, Grayscale, 21Shares and REX-Osprey quickly attracted significantly more capital than Brazil’s leading fund.
At the time of reporting, the seven active U.S.-based XRP ETFs collectively managed approximately $1.05 billion in assets and held approximately 971 million XRP, representing approximately 0.97% of the token’s circulating supply.
Combined net inflows have exceeded $1.4 billion since launch, with May 2026 alone bringing in $118 million in new investment.
Canada has also expanded access to regulated XRP investing through products such as the Purpose XRP ETF, which launched in June 2025 and now has approximately C$72 million under management.
Despite growing institutional participation, XRP has remained largely restricted to a range between $1.15 and $1.40 in recent months, and is trading broadly in line with the broader cryptocurrency market.
By press time, XRP was trading at $1.14, up about 1% over the past 24 hours. On the weekly time frame, the asset rose by 8.5%.
