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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,
BTC Eyes Rally As Bullish Golden Cross Meets ETF Surge
BTC forms a rare Golden Cross, signaling potential major bullish momentum and historic price gains.
Institutional ETFs pour billions into Bitcoin, driving strong market confidence and trading activity.
Support levels remain firm, providing a base for possible further upward price movement.
Bitcoin — BTC, has flashed a rare technical signal that could spark excitement across the market. The Golden Cross has appeared for only the fourth time in history, coinciding with unprecedented inflows into spot Bitcoin ETFs. Traders are watching closely as institutional money pours in. If past patterns repeat, Bitcoin could experience another historic rally. Investors and analysts alike are assessing support levels, ETF inflows, and historical momentum to gauge the potential upside.
Golden Cross Signals and Historical Momentum
Crypto analyst Merlijn The Trader identified the Golden Cross formation on Thursday. The pattern has shown up only three times before. Each previous occurrence led to massive gains. In 2016, the first Golden Cross preceded a 264% rally. Bitcoin rose steadily, surprising many traders who had grown cautious. The second Golden Cross in 2017 coincided with a meteoric surge exceeding 2,200%, pushing the cryptocurrency to highs between $17,000 and $27,000.
The third appearance in 2020 marked another explosive rally. Bitcoin climbed from $4,600–$7,000 to roughly $69,000 by late 2021, representing gains above 1,190%. Each Golden Cross produced new all-time highs, suggesting the current signal could trigger a comparable bull run. Technical support levels remain firm, acting as a safety net for buyers. Crypto analyst Mags points out that bull market support bands consistently held through prior corrections.
Institutional ETF Inflows Strengthen the Market
Institutional interest in Bitcoin is surging, with spot ETFs recording $642.35 million in net inflows on Friday alone. This marked the fifth consecutive day of gains. Cumulative inflows now total $56.83 billion, with total net assets around $153.18 billion, approximately 6.62% of Bitcoin’s market cap. Fidelity’s FBTC led Friday’s inflows with $315.18 million, followed closely by BlackRock’s IBIT at $264.71 million.
Trading volumes across all spot Bitcoin ETFs topped $3.89 billion, reflecting strong institutional positioning. Over the past five trading days, spot Bitcoin ETFs saw cumulative inflows of $2.34 billion, signaling a significant shift in sentiment from earlier in the month. Ether ETFs are also attracting institutional capital. Spot Ether ETFs pulled in $405.55 million on Friday, marking the fourth consecutive day of inflows.
Total Ether ETF inflows now reach $13.36 billion, with net assets standing at $30.35 billion. BlackRock’s ETHA contributed $165.56 million, while Fidelity’s FETH added $168.23 million. ETHA alone saw $1.86 billion in trading value on Friday, showing growing institutional confidence. The combination of the Golden Cross and robust ETF inflows creates a potent setup for Bitcoin.