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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 ETF Store President: SEC should not continue to delay the approval of the Spot Ether ETF staking feature.
According to Mars Finance, Nate Geraci, president of The ETF Store, stated that the U.S. SEC should not continue to delay the approval of the staking feature for the spot Ethereum ETF. He believes that even if the IRS has not yet issued specific tax guidance on staking rewards, it does not constitute a reason for the SEC to hinder approval, as the two belong to different regulatory agencies. He pointed out that this feature should have been approved when the spot Ethereum ETF was launched.