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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,
Cantor Fitzgerald launches a new type of Bitcoin fund, Gold Protected Bitcoin Fund
Golden Finance reports that asset management giant Cantor Fitzgerald Asset Management has announced the launch of a new type of Bitcoin fund, the Gold Protected Bitcoin Fund. This is an innovative structured investment product that combines the enormous growth potential and adoption of Bitcoin with gold-based downside protection. If the price of Bitcoin falls, the fund will leverage the performance of gold to protect up to 100% of the original investment. The extended investment period can maximize the reduction of short-term fluctuation risks and lessen the impact of soaring correlation, while continuing to benefit from Bitcoin's long-term rise trend.