#加密货币ETF Looking back at the past, the development of Crypto Assets ETF can be described as full of ups and downs. From the initial rejection to the gradual opening up now, it has not been an easy journey. Seeing REX Shares and Osprey Funds about to launch the XRP ETF, I can't help but feel deeply moved. This is the industry's first XRP ETF registered under the Investment Company Act of 1940, which is highly significant.

In the past, Bitcoin ETF applications faced numerous setbacks, and the regulatory attitude was quite cold. However, as time went on, the market gradually matured, and regulation continued to adjust. In July last year, the SEC allowed the creation and redemption of Crypto Assets ETFs in physical form, which was undoubtedly a major turning point. Following this, Bitcoin and Ethereum ETFs were approved, and now even XRP and Dogecoin ETFs are on the way, which is truly remarkable.

However, we must also be vigilant about cyclical traps. Whenever a new product is launched, it is often accompanied by excessive optimism. But history tells us that after the hype recedes, there may be a period of adjustment. Therefore, for these new ETFs, I suggest everyone maintain a rational attitude and focus on their long-term development rather than short-term speculation.

Looking back on this journey, it is not difficult to see that the shift in regulatory attitude is key. From initial rejection to gradual acceptance now, this reflects the deepening understanding of regulatory agencies towards the encryption industry. In the future, I expect more types of crypto ETFs to emerge, but we must also be vigilant about the potential tightening of regulations. After all, finding a balance between financial innovation and investor protection has always been a century-old problem.