Next Crypto to Explode as REX-Osprey ETFs Launch Tomorrow: Market Pump Coming?
The post Next Crypto to Explode as REX-Osprey ETFs Launch Tomorrow: Market Pump Coming? appeared on BitcoinEthereumNews.com. A new set of crypto ETFs from REX and Osprey is set to start trading tomorrow. These aren’t just for Bitcoin; we’re talking about ETFs for XRP, Dogecoin, and even Bonk. They’ve all just been given the green light by the SEC, having passed their 75-day review window. This is happening at the same time the SEC is still holding back on other big applications from giants like BlackRock and Franklin Templeton. Source: X/@EricBalchunas This green light is important as it ignites wider market interest and directs attention to projects like Wall Street Pepe ($WEPE) – which aims to give you insider knowledge to level up your trades – and other cryptos that could be the next to explode. Express Highway for Some, Dirt Tracks for Others Some ETFs, like REX and Osprey, can take the express highway as they’re structured under an older law, the Investment Company Act of 1940. This makes things simpler for them because they can hold futures contracts instead of the actual crypto assets. It’s a faster way to get into the market. On the flip side, the big-name firms are stuck on the dirt tracks as they’re trying to launch ETFs that hold the actual crypto, like physical $ETH, $ETH, or $XRP. These are filed under a different, more strict law. The SEC is being super cautious with these, especially since some of them include new features like staking. So while some products are being given the green light, others are stuck in a waiting game. It shows that the road to mainstream crypto adoption is still a bit bumpy and full of regulatory twists and turns. However, projects like Wall Street Pepe ($WEPE), Maxi Doge ($MAXI), and Just a Chill Guy ($CHILLGUY) are here to make it a more fun or relaxed experience…
The post Next Crypto to Explode as REX-Osprey ETFs Launch Tomorrow: Market Pump Coming? appeared on BitcoinEthereumNews.com.
A new set of crypto ETFs from REX and Osprey is set to start trading tomorrow. These aren’t just for Bitcoin; we’re talking about ETFs for XRP, Dogecoin, and even Bonk. They’ve all just been given the green light by the SEC, having passed their 75-day review window. This is happening at the same time the SEC is still holding back on other big applications from giants like BlackRock and Franklin Templeton. Source: X/@EricBalchunas This green light is important as it ignites wider market interest and directs attention to projects like Wall Street Pepe ($WEPE) – which aims to give you insider knowledge to level up your trades – and other cryptos that could be the next to explode. Express Highway for Some, Dirt Tracks for Others Some ETFs, like REX and Osprey, can take the express highway as they’re structured under an older law, the Investment Company Act of 1940. This makes things simpler for them because they can hold futures contracts instead of the actual crypto assets. It’s a faster way to get into the market. On the flip side, the big-name firms are stuck on the dirt tracks as they’re trying to launch ETFs that hold the actual crypto, like physical $ETH, $ETH, or $XRP. These are filed under a different, more strict law. The SEC is being super cautious with these, especially since some of them include new features like staking. So while some products are being given the green light, others are stuck in a waiting game. It shows that the road to mainstream crypto adoption is still a bit bumpy and full of regulatory twists and turns. However, projects like Wall Street Pepe ($WEPE), Maxi Doge ($MAXI), and Just a Chill Guy ($CHILLGUY) are here to make it a more fun or relaxed experience…
What's Your Reaction?
