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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,
DWF Labs partner: The accumulation and redistribution phases will result in significant market fluctuation
Andrei Grachev, a partner at DWF Labs, posted on the X platform that the market Liquidity was drained due to factors such as Trump, memepads, and professional trading firms did not degen trading, but they withdrew stable assets and some Blue-Chip Stocks from the market, and Spot activity was very low, which further damaged Liquidity. It is a phase of accumulation and redistribution that will eventually lead to a huge market Fluctuation. As markets are very fragile, the macro narrative can have a huge impact. We should expect a big opportunity pump for RWA, AI, financials, earnings, science-related assets. As a tokenization culture, memes will randomly soar and absorb the "degen" Liquidity in the market, and the most interesting year in the Cryptocurrency space has just begun.