The fund began trading June 3, charges a 0.29% annual sponsor fee and held $186.9 million in assets as of Oct. 28.... Read the full story at The Defiant
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October was one of Ripple's busies and most successful months in recent memory. But XRP failed to join the ride.
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Buybacks and burns can count as holder revenue without putting cash in a wallet. A worked example separates those flows from treasury income and staking payouts.
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An early sale replaces the maturity payoff with a market price. A worked example separates annualized yield, redemption units and costs.
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In a hypothetical year, a 9% net token reward produces a 3.81% gain in supply share when total supply grows 5%. Dollar returns depend on price.