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New ETF for XRP Bears proposed in us

Volatility shares, a company that focuses on developing innovative funds (ETFS) Proposal Three new XRP products.

It is worth noting that it has provided a unique product from ETF (-1X XRP ETF) that would make XRP can bet on the distinctive symbol of ripples.

The daily performance of the product will match the opposite of the XRP price.

Moreover, the company also introduced the XRP ETF Spot OF-Flist collection and another ETF product that would double the performance of the distinctive symbol associated with ripples.

In its files, the shares of fluctuations have identified some of the risks associated with XRP that include an increase in the universal symbol, and the thorns in Professor XRP book, the design that XRP is a security trading activity, a processor trading activity, etc.

Related

XRP Ledger welcomes the main update: What's new?

Of course, fluctuations shares are famous for launching the first future ETF for Bitcoin in June 2023 (months before the first bitcoin boxes) appeared.

As U.Today, the US Securities and Exchange Committee (SEC) recently approved several XRP ETF files although it has not yet been resumed against Ripple.

Related

The possibilities of such a product approved in the United States have often fell over the past two months, according to Polymark data. Nowadays, the pioneering betting site users see an opportunity for 76 % as soon as possible this year.

SEC will have to decide whether to agree to XRP ETF by October 18.

Meanwhile, Spot XRP ETF was It was recently approved In Brazil.

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