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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 and Ethereum ETFs Record Notable Outflows, Led by Grayscale
Gate News bot message, On August 19, cryptocurrency ETF data shows significant outflows across both Bitcoin and Ethereum funds.
The 10 Bitcoin ETFs experienced a total net outflow of 1,717 BTC (approximately $197.19 million). Grayscale's GBTC contributed to this trend with outflows of 722 BTC ($82.87 million), maintaining its current holdings at 179,855 BTC ($20.66 billion).
Similarly, the 9 Ethereum ETFs recorded net outflows of 63,778 ETH ($272.71 million), with Grayscale's ETHE accounting for 23,427 ETH ($100.17 million) in outflows.