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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,
BlackRock's BIT put options premium exceeds call options, as market sentiment shifts to defense.
The options market for BlackRock's spot bitcoin exchange-traded fund, iShares Bitcoin Trust (IBIT), shows investors' concerns about downside risks. As of Thursday's close, IBIT's one-year put-call skew turned positive at 0.2%, suggesting that put options are trading at a slightly higher premium than calls, reflecting a shift in sentiment from a previous neutral bias to a mild bearish one. On the day, IBIT shares fell 1.32% to close at $59.99, but still recorded a net inflow of $125 million, the lowest one-day inflow since May 13. (CoinDesk)