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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,
Bloomberg Analyst: Active ETF for meme coins is expected to launch in 2026.
Gate News bot news, Bloomberg ETF analyst Eric Balchunas recently posted on social media that the industry is set to welcome a large number of actively managed Crypto Assets ETFs, and an active fund focused on memes is likely to emerge in 2026.
This year, the trading volume of memes has surged, especially favored by retail investors, with a total market value exceeding $60 billion. This may encourage ETF issuers to develop products that venture into this emerging crypto assets market.
Balchunas added that once tokens are no longer subject to the Securities Act of 1933, they can be included in actively managed ETFs. He noted that the application for a Dogecoin ETF indicates this situation.
Several ETF issuers, including Grayscale, Bitwise, and 21Shares, have submitted applications for a Dogecoin spot ETF this year.
In addition, Osprey Funds and Rex Shares submitted applications to the U.S. Securities and Exchange Commission (SEC) in January for the Dogecoin, Official Trump (TRUMP), and Bonk (BONK) ETFs.
Source: Cointelegraph