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First Spot XRP ETF Goes Live, XRPR Structured Under 1940 Act; XRP Holds $3.10


First Spot XRP ETF Goes Live, XRPR Structured Under 1940 Act; XRP Holds $3.10

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  • Investors in the United States finally have access to what is being billed as the first US-listed ETF, giving spot exposure to Ripple’s XRP via the REX-Osprey XRP ETF (XRPR)
  • REX Shares, in partnership with Osprey Funds, has launched XRPR under a Registered Investment Company (RIC) framework governed by the Investment Company Act of 1940
  • Beyond XRPR, several large issuers have spot XRP ETF applications in the pipeline, with final decision deadlines in October

Investors in the United States finally have access to what issuers describe as the first U.S.-listed spot XRP ETF, giving spot exposure via the REX-Osprey XRP ETF (ticker: XRPR). 

Alongside it, a Dogecoin ETF (DOJE) also launched, making this a major milestone for altcoins beyond Bitcoin and Ethereum.

REX Shares, in partnership with Osprey Funds, has launched XRPR under a Registered Investment Company (RIC…

Read The Full Article First Spot XRP ETF Goes Live, XRPR Structured Under 1940 Act; XRP Holds $3.10 On Coin Edition.

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Coins

$ 63.86K

+1.89%

$ 1.79K

+2.98%

$ 1.10

+1.12%

$ 0.074

+1.93%

$ 0.0000364


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In This News

Coins

$ 63.86K

+1.89%

$ 1.79K

+2.98%

$ 1.10

+1.12%

$ 0.074

+1.93%

$ 0.0000364


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