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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,
Dev Corporation Adds 2 Altcoins to Its Portfolio: One of Them Was Recently Bought by Trump! - Coin Bulletin
Galaxy Digital, following in the footsteps of the Trump family, made substantial investments in 2 different decentralized finance projects.
Institutional interest in Ethereum-based decentralized finance (DeFi) tokens is increasing. According to on-chain analysis platform Lookonchain, Galaxy Digital made a significant move today by purchasing large amounts of UNI and AAVE.
According to the information obtained, Galaxy Digital transferred a total of 1.07 million UNI (approximately $18.9 million) and 27,722 AAVE (approximately $10.19 million) from exchange accounts to their wallets.
The company had previously made purchases of AAVE, but this is recorded as the first transaction specific to UNI.
Such large-scale transactions are generally considered as an indication of institutions making long-term strategic investments in the DeFi space.
The investments made by the Trump family in Ethereum, Aave, and LINK since November 30 have suddenly skyrocketed individual and institutional interest in the DeFi sector.
These transfers by Galaxy Digital have revealed that the demand for DeFi tokens is rapidly increasing at the institutional level and that large investors are inclined to include these assets in their long-term portfolios. Tokens such as UNI and AAVE, which are part of the Ethereum ecosystem, have emerged as notable assets along with the growth of decentralized finance projects.