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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,
In August, the monthly spot trading volume of Ethereum on CEX reached approximately 480 billion USD, surpassing Bitcoin for the first time.
PANews September 4 news, according to The Block, in August, Ethereum (ETH) monthly spot trading volume on centralized exchanges reached approximately $480 billion, surpassing Bitcoin (BTC) for the first time, which had a volume of $401 billion. Several companies, such as BitMine Immersion and SharpLink Gaming, disclosed large ETH purchases, driving up the company's holdings. During the same period, the net inflow of spot ETH ETFs in the US stock market was $3.95 billion, while BTC ETFs had a net outflow of $301 million. ETH's year-to-date rise exceeded 105%, while BTC's was about 18%.