🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
Greeks.live: Stimulated by ETH ETF positive news, OptionsIV remains low.
Odaily Star Planet Daily News Analyst Adam of Greeks.live posted that ETH ETF will be launched next Tuesday, stimulated by Favourable Information, ETH will pump 8%, driving the entire encryption market to pump significantly. The significant pump in the coin price also synchronously pumps the IV of various maturities, and the implied Volatility of BTC has even exceeded ETH, but both are still relatively low. This month, we have mentioned in tweets multiple times that ETH Favourable Information will bring stimulation to the market, and the low IV market is very suitable for buyers. The Options IV is still low, and the cost-effectiveness for buyers is still high. Today, there are more than long call options for the end-of-the-world with a rise of over 1000%. The main trading of the day is also dominated by actively buying call options, accounting for more than half of the volume.