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Tidal Trust II has applied to the SEC to launch leveraged ETFs for XRP and Solana, aiming to provide amplified exposure without margin trading. The funds will primarily invest in derivatives and options linked to US-listed XRP and SOL ETFs. The application comes amid growing optimism for altcoin ETF approval by October. Interest in these products is already evident, with XXRP and SSK ETFs experiencing significant inflows.
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