Crypto ETFs filings may have found a fast track. | Credit: Michael M. Santiago/Getty Images. Key Takeaways REX-Osprey will be the first to launch a ‘spot’ Ripple ETF. The 1940 Act allows for an expedited approval window of 75 days instead of 240 days under the Securities Act of 1933. The XRPR ETF will be comprised of 80% XRP and 20% cash, treasuries, and derivatives. The Investment Company Act of 1940, otherwise known as the ’40 Act, was designed to minimize self-dealing, fraud, and mismanagement, ...

Core Insights - Thumzup Media Corporation has received approval from its Board of Directors to diversify its cryptocurrency portfolio, allowing the company to hold up to $250 million in various cryptocurrencies including Bitcoin (BTC), Ether (ETH), Solana (SOL), Ripple (XRP), Dogecoin (DOGE), Litecoin (LTC), and Stablecoin USDC [1][2][3] Company Strategy - The company aims to remain at the forefront of the evolving cryptocurrency landscape as the U.S. federal government moves towards more crypto-friendly policies and regulatory clarity [2] - By diversifying its cryptocurrency holdings, Thumzup seeks to gain broader market exposure and create significant value for its shareholders [2][3] Technological Innovation - Thumzup is also developing a patent-pending Lifestyle AI Agent Marketplace, which is intended to revolutionize lifestyle planning through curated, AI-powered experiences [3] - The company operates a proprietary platform that allows users to earn cash for sharing branded content on social media, managed through a programmatic advertiser dashboard [2] Market Presence - The Thumzup app is available for download on both the App Store and Google Play, indicating the company's commitment to accessibility and user engagement [4] - Thumzup has been featured in notable media outlets such as CBS Los Angeles and KTLA, enhancing its visibility in the market [4]