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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,
XRP (XRP) fell 2.44% in the last 24 hours.
Gate News Bot news, September 15, according to CoinMarketCap, as of the time of publication, XRP (XRP) is currently priced at $3.05, falling 2.44% in the last 24 hours, with a high of $3.13 and a low of $2.87. The 24-hour volume has reached $4.763 billion. The current market capitalization is approximately $181.623 billion, a decrease of about $4.537 billion compared to yesterday.
The XRP Ledger (XRPL) is a decentralized public blockchain, led by a global community of businesses and developers, dedicated to solving problems and creating value. With over 10 years of error-free operation, XRPL offers simplified development, low transaction costs, high performance, and sustainability. It is open source, allowing anyone to build on it, and is maintained by the community. XRPL has high performance, capable of processing thousands of transactions per second, with low transaction costs of just a few cents per transaction, making it suitable for a wide range of blockchain use cases.
Important news about XRP recently:
1️⃣ DTCC includes XRP ETF in the list The American Depository Trust & Clearing Corporation ( DTCC ) has listed the Canary XRP ETF (XRPC). This marks a significant expansion of institutional-level crypto investment products through the DTCC infrastructure, bringing broader investment channels for XRP and is expected to attract more institutional capital inflow.
2️⃣ SEC delays review of Franklin XRP ETF application The U.S. Securities and Exchange Commission (SEC) has delayed its decision on the review of Franklin's spot XRP ETF application. This reflects the regulatory body's cautious attitude towards XRP-related financial products, which may affect XRP's short-term market performance and increase uncertainty for investors.
3️⃣ XRP market heat continues to rise In the cryptocurrency popularity rankings over the past few days, XRP has repeatedly ranked at the top, demonstrating investors' continued interest in it. This sustained high level of attention may drive more trading activity, thereby affecting XRP's price movement.
From a technical perspective, XRP recently broke through the key resistance level of 3.00 USD, but subsequently experienced a pullback. The price is currently fluctuating around 3.05 USD, and if it cannot regain a foothold above 3.00 USD, it may face further downward pressure. Investors should closely monitor the performance of the resistance level at 3.13 USD and the support level at 2.87 USD.
This message is not to be taken as investment advice; investors should be aware of market volatility risks.