Cryptocurrency companies may have found ways to quickly advance spot cryptocurrency ETF applications

REX-Osprey is about to launch the first Ripple Spot ETF (XRPR) under the Investment Companies Act 1940, which is quickly approved in 75 days instead of the usual 240 days. The ETF will consist of 80% Ripple and 20% cash, Treasury bonds and derivatives, and strictly comply with diversified investment and investor protection standards. Ripple's recent victory and REX-Osprey's compliance with the Investment Companies Act 1940 have led to rapid approval of the ETF.