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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,
Bitcoin Race Among Nations! How Does Bhutan Manage 1 Billion Dollars Worth of BTC? - Coin Bulletin
The Royal Government of Bhutan has transferred 751.31 BTC, worth $74.15 million, to three new wallets in the past hour. According to Spot On Chain, this movement is believed to be an internal transfer.
Butan, previously transferred 633 BTC to two new wallets on January 17, but did not sell. The latest sale transaction was on December 9, 2024, and the 402 BTC asset was sold through an OTC (over-the-counter) transaction via QCP Capital. This sale was made at the $98,700 level, and a total of $39.7 million was obtained.
Currently, the Bhutanese government holds approximately 10,600 BTC in 23 different wallets, making it the fourth-largest Bitcoin investor in the world, with a value of $(1.05 billion. Due to the potential impact of Bhutan's BTC transactions on the market, they are closely monitored.