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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,
Analyst: Investors should increase risk and not ignore current Favourable Information signals and market narratives
Golden Finance reported that Nansen analysts believe that investors should increase their risk and not ignore all the signals and market narratives of Favourable Information, including the warming expectations of the Fed rate cut, the leading position of U.S. presidential candidate Trump in the polls, the widening spread between BTC call options and put options, and the BTC momentum indicator being above the buying threshold. In addition, the influx of funds into Spot BTC ETF is increasing, while on-chain transaction fees led by ETH are also rising, possibly due to the launch of BTC ETF on July 23, and the Market Cap of stablecoins is also accelerating, indicating an increase in net on-chain inflows.