REX-Osprey to Launch First XRP ETF in the US
- The REX-Osprey XRPR ETF will be introduced as a spot ETF product regulated under the Investment Company Act of 1940.
- This fund offers exposure to XRP, while also holding cash, US Treasuries, and derivatives.
- The ETF is structured with additional regulatory oversight compared to traditional spot crypto products due to its ’40 Act framework.
- The fund combines direct XRP exposure with traditional financial instruments and derivative positions, providing a hybrid investment option.
The REX-Osprey XRPR ETF is set to debut this week, offering a unique combination of XRP exposure alongside traditional financial assets like cash and Treasuries. This product benefits from enhanced regulatory oversight under the ’40 Act framework.
Source (3.2)https://cryptobriefing.com/rex-osprey-xrpr-spot-etf-launches-xrp-cash-treasuries-40-act/?rand=59535