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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 billion-dollar quant private sale responded to exchange anomalies: related strategy transactions have indeed been affected.
Jinshi data news on September 27th, in response to the abnormal situation of slow confirmation of Bidding transactions for some stocks on the Shanghai Stock Exchange during the trading day, several billion-dollar quantitative private sale responded that the trading was indeed affected because the Position and transaction situation could not be grasped in time, and the only thing that could be done was to temporarily suspend the trading of Shanghai Stock Exchange stocks and wait for the system to return to normal, but other transactions were not affected. Another quantitative private sale admitted that although individual strategies could not properly receive trading returns from the Shanghai Stock Exchange, which led to the inability to confirm Holdings and the number of transactions. In order to minimize the impact, the company has made adjustments and Hedging on the corresponding varieties. Due to the overall decrease in Holdings and exposure, it is estimated that there will still be some profits today in products such as ETF arbitrage, and Volatility strategies such as the CTA series have significant positive returns.