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20 Delays Later, The Fund That Bets Against Your XRP Still Hasn’t Launched



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The short XRP fund due on 11 October didn’t arrive: a Friday filing moved its date to 8 November. Here is what that filing is, what it says and why a fund that bets against XRP never holds or sells a single XRP itself.

I walk through the 20 delaying filings, the SEC rule behind them, how a two times short fund rebalances on a 5% down day and how big it would need to get before its selling mattered against a normal day on Binance’s main XRP pair. You also get the other short XRP funds waiting in the queue, how the long twin has fared since launch and the dates to watch next. Subscribe for more XRP updates like this one. #XRP #XRPETF #CryptoNews

00:00 The short XRP fund missed its date
02:14 The sentence that matters in the filing
02:42 Who filed it: no SEC order
03:14 All 20 delaying filings
03:55 The rule behind a filing every month
05:25 Other short XRP funds in the queue
07:00 How a 2x short fund would work
08:24 Sizing the selling on a 5% down day
09:07 Fund sizes that would matter
11:40 Why these funds eat themselves
13:15 The long twin’s real record
15:27 What the 20 delays mean
16:00 Delay number 21 and the dates ahead
17:00 The one number to watch
18:15 Recap and sign-off

source

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