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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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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, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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The Arizona House of Representatives passed the digital asset reserve fund bill.
According to Gate.io News bot, Wu Shuo reported that the Arizona House committee passed the "SB 1373" bill on Thursday. The bill will establish a strategic digital asset reserve fund, with funding sources including government allocations and seized encryption assets.
According to the provisions of the bill, the treasury officer has the authority to hold and lend digital assets through compliant channels to generate returns, with an annual investment limit not exceeding 10% of the total fund. The scope of the bill includes blockchain assets such as Bitcoin, stablecoins, and NFTs.
The bill has now been submitted to the governor's office and will take effect officially after the governor signs it.