As crypto ETF deadlines come and go, watch July and October
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.
US spot bitcoin ETFs notched combined net inflows of nearly $1 billion on Monday and Tuesday.
As for the next crypto ETFs hitting the market, some launches are imminent. As in, this week. Others will take a while longer.
Volatility Shares is set to introduce two XRP futures ETFs on Thursday — a standard one and a version that offers 2x daily exposure.
The impending launches will follow Teucrium’s XRP futures ETF launch in April. That fund has ~$120 million in assets under management. Then, CME Group this week made XRP futures available for trading — with more than $19 million in notional volume traded the first day.
But…