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🔥 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,
BlackRock's IBIT and ETHA both ranked in the top three for monthly capital inflows.
Odaily News Eric Balchunas, a senior ETF analyst at Bloomberg, stated in a post on the X platform that BlackRock's Bitcoin ETF IBIT and Ethereum ETF ETHA have both made it into the top three for monthly fund inflows among U.S. stock ETFs (with a total of about 4,432 ETFs). This situation is expected to be the case for most of 2024, and it was previously described as "Beta with a side of Bitcoin," but it may now be time to include ETH as well.