Not really a yes/no question. Yours, and most modern crossbows easy push an arrow 40 yards. The shooter, arrow, environment, target, rest and many more factors are required to know if 40 yards is an ethical shot. Ultimately, the shoot/pass decision is yours. My max limit with a 505, Oracle X, custom arrows, great shooting position, environment and more is 40 yards in PA. Lucky enough to never have shot that far. Oldcarp has different situations out west and I’m practicing to 60 yards for an antelope hunt.
That would be from a ground blind, good chair, Bog Death-Grip, custom arrows with wind tells fluttering at various distance. It’s more about the hunt than the shot for me…