🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
Joe Lubin predicts that Ethereum's financial strategy will reshape Wall Street's perspective.
Gate News bot news, Consensys co-founder Joe Lubin stated that companies adopting the ETH treasury strategy will play a significant role in conveying the value of Ethereum to Wall Street. He emphasized that depositing ETH into the treasury is a powerful business model, which is crucial for stabilizing the market as more and more applications are built on Ethereum.
Lubin compared Bitcoin and Ethereum, believing that the value of Bitcoin is easier to understand, while Ethereum has invested in infrastructure to prepare for the transition to Web3. He also pointed out that regulatory barriers have slowed down the pace of token development.
SharpLink Gaming is considered the largest ETH asset management company, holding over 200,000 ETH. Lubin believes that the level of decentralization will continue to increase in the future, assisting in the strong growth of ETH and Bitcoin.