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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,
#Crypto Market Pullback# #Trading Strategy Sharing# ICP’s performance has lagged behind peers like Solana and XRP, with prices recently around $7—well below its circa-$20 peak in March 2024 .
Total Value Locked (TVL) fell from over $100 M in April 2024 to ~$33 M, raising questions about ecosystem adoption .
Despite on-chain activity increases, price struggles suggest investor concern over tokenomics and insider allocations, especially vesting schedules of early investors .