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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 US SEC accelerates the approval of Cboe Bitcoin ETF index options new regulations.
[The US SEC Accelerates Approval of Cboe Bitcoin ETF Index Options New Rules] The US Securities and Exchange Commission (SEC) issued an announcement aimed at accelerating the approval of the rule change proposal revised under Amendment No. 2 by the Chicago Board Options Exchange (Cboe). The core of this new regulation is to add afternoon Settlement options for the "Cboe Bitcoin US ETF Index (CBTX)" and the "Mini Cboe Bitcoin US ETF Index (MBTX)", covering three types: Friday expiration, non-standard expiration (including weekly expiration, month-end expiration), and quarterly index expiration (QIX). The SEC emphasized in the announcement that this approval is a reasonable extension of the existing afternoon settlement index options program, providing market participants with more flexible investment and hedging tools.