As we known, Nintendo 3DS newest firmware updated to V9.5 , then gateway 3DS team followed their step and released the newest Ultra V3.0.4 beta firm to emunand 9.5, to let players use all features of Nintendo 9.5 features.
The following is the news from Gateway 3DS official support site:
Today we present just a quick update for our users with 9.5 emunand. This fixes the multirom menu not showing up and various updates for properly supporting 9.5 emunand.
We also want to inform our users about some news regarding emunand support for the New 3DS:
We will not be able to support emunand 9.5 or higher for a while on the New 3DS. This is only an issue for the New 3DS, the old 3DS and 2DS will never have this issue. This is not a definitive barrier, but we feel it necessary to inform our users that while we are still working on releasing our New 3ds support, we will not be able to provide support yet for 9.5 emunand or higher for New 3DS on release