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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,
Multiple factors boost U.S. stocks to new highs, analysts say economic activity remains robust.
Jin10 data reported on June 27, the S&P 500 index hit its first new high since February on Friday, rebounding 23% from the low of the sell-off triggered by tariffs in April. Market data shows that after experiencing at least a 15% fall, this 89-day surge has propelled U.S. stock indices to potentially rebound to record closing levels at the fastest pace. The easing situation in the Middle East and trade negotiations between the U.S. and major partners have also boosted investor sentiment. Hank Smith, Chief Investment Strategist at Haverford Trust, stated, "The market feels that the tariffs won't be as heavy as on Liberation Day. You have already seen the recovery." Richard Saperstein, Chief Investment Officer at Treasury Partners, said, "We have already seen resilient earnings. Economic activity remains active, and inflation has not really risen."