REXShares' XRPR ETF is the first fund to partially hold XRP spot.
According to ChainCatcher, crypto journalist Eleanor Terrett posted on X that the XRPR ETF launched by REXShares is the first fund established under the Investment Company Act of 1940 that partially holds spot XRP, but its tax treatment is less efficient.
CanaryFunds will launch the first pure spot XRP ETF established under the Securities Act of 1933, and this fund will hold 100% XRP.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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