—DAY 191—
The door has opened and traditional finance just witnessed the most successful ETF launch in history.
Just like when a new movie goes blockbuster status, what happens? They want more, they smell the money.
READY OR NOT
#XRP
ETF is coming.. 🟢💡
This is Bitwise Index Fund holding a basket of assets including
#XRP
- an Index Fund (a Mutual Fund) is still very different because it is only priced once per day.
A Spot ETF is traded on the moment, just like if you buy and sell “on the spot” without orderbooks.
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Replies
@ChadSteingraber
Couldn't agree more! The demand for XRP ETFs is only going to increase with this groundbreaking launch.
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@ChadSteingraber
This is stupid. Bitcoin crashed after its ETF. Exactly what good does a ETF do for XRP? I can trade it 24-7. Why would anyone want to limit it to 5 days a week. Makes 0 sense
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@ChadSteingraber
And no an ETF does not make XRP a security. No matter how many times Vale says it does.
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