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XRP, DOGE ETFs have a new launch date
As the Securities and Exchange Commission’s (SEC) 75-day review window expires, the crypto exchange-traded funds (ETFs) introduced jointly by REX and Osprey can begin trading on Sep. 12. Bloomberg analyst Eric Balchunas said the funds have been filed under the Investment Company Act of 1940 which "doesn’t directly invest fully in spot." It means as long as the SEC doesn’t object during the review period, "you can let it launch 75 days after filing,” he told Cointelegraph. The package expected to debut tomorrow includes REX-Osprey ETFs tied to Bitcoin, XRP, Dogecoin, Bonk, and Trump. While the first two are ... (full story)