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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,
Right now it is Spot. When it’s time to sweep in, entering the market, it’s been a full two years of laying out Spot, averaging unilateral purchases every month. Every time there’s a big dump, it’s a buying opportunity. The overall cost has not lost much, just a little profit. At the highest peak earlier this year, it was 20 times, and now it’s only a small profit. Now it’s at the price level of two years ago, everyone must buy crazily.