Are you keeping up with the latest developments in the crypto market? Institutional interest in XRP products is at an all-time high, with major players like Bitwise Invest, Canary Funds, and now 21Shares filing for XRP ETFs. Just this morning, 21Shares submitted an S-1 form to register an XRP-spot ETF, the Core XRP Trust. This Trust will track XRP’s performance without seeking returns beyond its price movements.
At Extreme Investor Network, we pride ourselves on bringing you the most up-to-date and valuable information in the world of trading and investing. 21Shares is a key player in the crypto-spot ETF market, having successfully launched BTC and ETH-spot ETFs in the past. Their ARK 21Shares Bitcoin ETF (ARKB) has seen significant inflows since its launch, solidifying their position as a market leader.
But the excitement doesn’t stop there. Canary Funds and Bitwise Invest have also filed for XRP-spot ETFs, demonstrating the growing interest in this particular asset. And let’s not forget about Grayscale, who recently launched an XRP Trust and filed to convert their multi-asset fund into an ETF that includes XRP along with other cryptocurrencies.
In the midst of all this activity, Ripple CEO Brad Garlinghouse has taken aim at the SEC, criticizing their “war on crypto” and their disregard for the court’s authority. As the battle between regulators and innovators continues, it’s more important than ever to stay informed and ahead of the curve in the ever-changing world of cryptocurrency trading.
Stay tuned to Extreme Investor Network for more updates and analysis on the latest trends in the stock market, trading strategies, and everything in between. With our expert insights and unique perspective, we’ll help you navigate the twists and turns of the financial world with confidence and success.