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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,
Core Scientific will convert debt into equity, reducing the debt burden of $260 million
Golden Finance reported that Core Scientific, a BTC miner, announced the forced conversion of its 2029 outstanding convertible notes. According to the announcement on July 8th, this conversion will result in approximately 45 million shares of Core Scientific common stock being exchanged for $260 million of convertible debt.