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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,
QCP: Investors need to follow tonight's Fed dot plot and Powell's wording.
On September 17, QCP Capital reported that the Fed is expected to initiate a rate cut cycle tonight, with the first rate cut of 25 basis points to 4.00–4.25%. Although the market has priced in a total of six rate cuts by 2026, investors are still following the dot plot and Powell's press conference wording. Despite improvements in liquidity, the recent performance of the crypto market still lags behind traditional risk assets, and whether tonight's Fed statement can narrow this gap is worth watching.