🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Crypto Investors: Crypto Assets Funds Generally Face Fundraising Difficulties
BlockBeats news, on May 9th, according to The Rollup Ventures investor Andy, due to the impact of Trump's tariff policy, cryptocurrency funds are generally facing fundraising difficulties, except for a few institutions like Maven11 and Archetype. Currently, the best investment opportunities are concentrated in the $5-10 million valuation range, which has been significantly adjusted down from before. At the same time, institutional investors, considering liquidity, are more inclined to allocate assets in the public market. Andy expects that project teams able to survive the current downturn will gain development opportunities when large amounts of funds (around $25 million investment) get on board in the future.