The first exchange-traded fund (ETF) providing direct exposure to XRP prepares to launch this week . Following the considerable attention already garnered by futures-based XRP ETFs, ETF expert Nate Geraci says this debut is a moment that will test the strength of investor interest. Many in the market now wait to see if the new fund will draw the same level of attention, or if demand may not be as robust as some hope.
REX-Osprey Uses Regulatory Path To Launch First Spot XRP ETF
According to Nate Geraci, REX-Osprey is launching a new Spot XRP ETF. He says the company is using the Investment Company Act of 1940 as a creative path, providing a way to move ahead with the launch and bring the fund to market faster without going through the more lengthy and rigorous approval pro