According to CoinDesk Japan, the issuer behind the XRP spot ETF seeks to expand offerings by introducing an exchange-traded fund for MOG, a meme-based cryptocurrency.
XRP
Summary
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Terms & Concepts
Spot ETF: An exchange-traded fund that directly holds the underlying asset, such as a cryptocurrency, rather than derivatives.
Meme Coin: A cryptocurrency inspired by internet memes or cultural trends, often created as a joke but sometimes gaining popularity.
XRP: A digital asset developed by Ripple, used for fast and low-cost international payments.