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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,
Analysis: The fall of ETH price to $2100 may present a good opportunity for positioning.
Odaily News Technical graphics and on-chain data indicate that the dip of ETH in the range of 2100 to 2200 USD should be regarded as a strategic buying opportunity. Although ETH has recently fallen from a high of 2879 USD to 2433 USD, the stable rising channel pattern is still maintained, with the current price hovering below 2600 USD. Glassnode data shows that the net inflow of spot ETH ETFs reached 154,000 ETH this week, creating a nearly fivefold weekly average level. BlackRock has also significantly increased its holdings through its ETH trust, which has reached 1.51 million ETH, valued at approximately $3.87 billion. At the same time, Token Terminal data shows that the total management scale of tokenized assets on Ethereum has surpassed $5 billion, reflecting the growing confidence of institutions in its role as financial infrastructure. Given the expected seasonal pullbacks and year-end investment strategies, multiple signals support a breakthrough rise in ETH by the end of 2025. The institutional trend is gradually pushing ETH into the mainstream investment market. (Cointelegraph)