Stock market negotiated funds (ETF) Linked to XRP focused on payments And the token of the higher meme, Dogecoin made his debut in the United States on Thursday with a blow, drawing a significant commercial volume.
Rex-Osprey XRP ETF, listed on the CBOE under the Ticker XRPR, recorded a commercial volume of $ 37.7 million, marking the largest volume of the start of all launch ETF this year, according to data shared by the analyst of Bloomberg Etf Eric Balchunas.
This statement of the first day exceeded the holder of the previous record, the FNB of the Dan Ives Revolution of Dan Ives (Ives)signaling a strong appetite for investors for alternative investment vehicles linked to parts beyond bitcoin and ether (Eth).
XRP’s market capitalization recently exceeded that of the traditional Citigroup banking giant. In addition, Ripple, the company behind XRP, which facilitates cross-border transactions, requested a banking license in the United States
The merchants also adopted the Rex-Osprey Dogecoin ETF, Ticker Doje, which generated a volume of the first day of $ 17 million. This has placed Doje among the first five ETFs of the year.
Doje’s strong performance is notable given the reputation of Dogecoin as an un serious token.
The successful launch of these two ETFs follows the DRA’s decision to approve a new registration standard rationalized for the Crypto ETF, reducing approval times to around 75 days, against 240 days.
The figures for net entries of the first day should be published later Friday.
