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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
DOGE ETF DOJE and XRP ETF XRPR are scheduled to launch this Thursday.
On September 15, Bloomberg senior ETF analyst Eric Balchunas disclosed that "as of now, the DOGE ETF DOJE is set to launch this Thursday, along with the 40 Act Spot XRP ETF XRPR (both included in the same effective prospectus). This also includes Trump and Bonk, but the launch dates for these two have not yet been announced." The Rex-Osprey DOGE Spot ETF (ticker DOJE) is issued in accordance with the Investment Company Act of 1940, similar to SSK. There is also a large number of projects under the Securities Act of 1933 still awaiting approval from the SEC. This is likely the first ETF in U.S. history to deliberately hold assets with no actual utility.