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**New ETF for XRP Bears Proposed in US**
In a recent announcement, it appears that Olajide Volatility Shares is planning to launch a new Exchange-Traded Fund (ETF) specifically designed for bears of Ripple’s cryptocurrency, XRP. This development comes as the company continues to make waves in the financial industry by pushing the boundaries of what’s possible with cryptocurrency ETFs.
It may be recalled that Olajide Volatility Shares was instrumental in launching the very first leveraged Bitcoin futures ETF back in June 2023, a move that many viewed as a significant milestone in the crypto space. The company has been steadfast in its commitment to innovation and is now taking another bold step by introducing an XRP-focused ETF for bears.
While this news may not be music to the ears of all Ripple enthusiasts, it highlights the company’s willingness to cater to diverse perspectives within the cryptocurrency market.
Source: https://u.today/new-etf-for-xrp-bears-proposed-in-us
