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The first spot XRP ETF drops nearly 45% from peak, showing ongoing crypto volatility.

Market News
29 Aug 2026
Finbold
View Source
Bearish
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The world's first spot XRP ETF, Hashdex Nasdaq XRP Fundo de Índice (XRPH11) on Brazil's B3 exchange, has fallen about 44.45% from its all-time high, reflecting continued volatility in XRP. Launched in April 2025, this ETF offers direct exposure to XRP but has seen a prolonged downturn, losing over 57% in the past year. While Brazil pioneered this ETF, larger North American markets have since overtaken it with multiple spot XRP ETFs attracting significant institutional investment. XRP's price remains pressured by broader crypto market declines and token releases, trading near $1.38 at the time of reporting.

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