Latam Update: XRP ETF Arrives in Brazil, Argentina’s Dollar Defiance Grows

In this week’s Latam Insights, Brazil marks a milestone with the launch of the world’s first XRP ETF, XRPH11, by global asset manager Hashdex, offering regulated access to XRP for investors.

Meanwhile, Argentina continues to defy expectations as the peso strengthens against the U.S. dollar, with the exchange rate falling to nearly 1,100 pesos per dollar. In Paraguay, concerns grow over the impact of Bitcoin mining on the country’s power grid, with experts warning that the influx of mining operations could lead to a collapse by 2029 if power generation doesn’t increase.

Clever Robot News Desk 28^th April 2025