Futures-based sol & xrp ETFs launched in march/april… Since then, category has taken in over $1bil new $$$. *$1+bil* That incl Rex-Osprey sol + staking ETF, which has nearly $150mil AUM. IMO proves there will be *real* demand for ‘33 act xrp & sol ETFs. (chart via @FactSet)
And I’m being told BlackRock doesn’t want a piece of this? Ok.
@nickyBLUeyes @FactSet I cover the ETF space… Interested in the business (& particularly intersection b/w ETFs & crypto).
Nate Geraci
Nate Geraci9.8. klo 09.10
Two things on this… 1) Me suggesting an issuer should launch an ETF is NOT any sort of recommendation of the underlying investment(s). Simply thinking from a *business* perspective. Thought that was obvious. 2) Yes, “at this time” is doing some real heavy lifting here IMO.
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