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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,
The Movement Network Foundation announced that the REX-Osprey™ Fund has applied for the first U.S. Movement ETF
The Movement Foundation announced that REX-Osprey has submitted an application to launch an exchange-traded fund (ETF) focused on $MOVE. If approved, the ETF will be the first fund to offer exposure to Movement's assets through traditional financial channels. Investors will be able to gain exposure to Movement through traditional brokerage accounts and retirement investment vehicles without having to deal with the technical complexities of directly managing the token. In addition, Movement announced that it will launch a beta version of the public mainnet today and through its Cornucopia program, it will achieve $250 million in TVL at launch. (prnewswire)