🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
Institutions: Investors continue to withdraw assets from the US dollar.
Jin10 data reported on June 6th that Mark Dowding, Chief Investment Officer of fixed income investments at RBC BlueBay Asset Management, stated in a report that the company continues to hear news of changes in asset allocation, leading to a decrease in demand for the US dollar. He mentioned, "This trend may continue." If a new round of fluctuations occurs, the US dollar may depreciate at a faster rate. He stated that this could be due to concerns that in recent months, US dollar trading has behaved more like a risk asset.