Crypto
XRP Surges as Cryptex ETF Filing Lists it Ahead of Rivals
A Cryptex S-1/A filing has listed XRP as an eligible component of its proposed Digital Market Cap ETF, giving it a 4.36% index weight and a 4.41% indicated fund weight.
This makes XRP the second-largest component in the index, ahead of Chainlink, Solana, and Avalanche, but still below Bitcoin and Ethereum.
The proposed fund is designed to track the components and weightings of its digital-asset index, which contains 36 assets. The Cryptex Digital Market Cap ETF has not yet become effective and will list on Nasdaq under the ticker BAGZ if approved.