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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,
FxPro: Large crypto buyers have enough liquidity to cover their losses, and the institutional entry price will rebound
Some observers believe that the weakness in the crypto market, especially over the weekend, may not last long, with Alex Kuptsikevich, chief market analyst at FxPro, telling CoinDesk: "The extremely low trading volume over the weekend reduces the value of the bearish signal. We note that during periods of low liquidity, sellers push prices down, but with the arrival of institutional buyers, prices rebound. It looks like the big buyers have enough liquidity to cover the losses. ”(Coindesk)