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BOMBSHELL: Bitwise Wants Your Money! Spot XRP ETF Approval Imminent – Are You Ready to Sink Your Cash Into the Most Unstable Investment Vehicle Since Beanie Babies?

News Sam Rogers October 5, 2024

A illustration of a bombshell exploding on top of a pile of money bags with an unstable investment vehicle (a beanie baby) in the background and XRP coins floating around, conveying a sense of warning and volatility.

A spot XRP ETF? Because what every investor really needs is more exposure to an asset created by some dudes in San Francisco who thought it’d be fun to make their own currency, and then promptly lost interest in it after a few months.

Source: bitcoin.com

Bitwise Seeks SEC Approval to Launch Spot XRP ETF
https://news.bitcoin.com/bitwise-seeks-sec-approval-to-launch-spot-xrp-etf
Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many investors want exposure to,” said the CEO of Bitwise. Bitwise Asset Management announced on Wednesday that it has filed a registration statement on Form S-1 with the U.S. […]

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About the author

Sam Rogers

Sam’s plunge into the crypto world turned into a brutal farce when he fell for an absurdly obvious scam promising to double his investment. After being fleeced by a slick email con, Sam is left fuming and broke. His writing drips with anger and dark humor as he exposes the outrageous scams and ludicrous promises of the crypto world. His motto: “I didn’t just fall for a scam—I was sucker-punched by an entire industry. If you think crypto is a goldmine, just wait until you see how deep it can dig your grave.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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