Wall Street Gets A Dose of Crypto with XRPM ETF: A Perfect Gamble for Traditional Investors!
XRPM, trading under the CUSIP 032108375, will debut with a modest net asset value of $750,000 and a mere 30,000 shares on the market. A bold move, no doubt. With a total expense ratio of 0.75 percent, the fund will allow traditional finance to get a slice of the XRP pie, without, of course, dealing with the nuisance of holding the asset itself. And rest assured, according to Cboe, the ETF is totally compliant with the Exchange Act of 1934, so no one can claim this is some kind of wild west operation (well, unless you count crypto).




