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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,
Standard Chartered is entering the crypto world with 250 million dollars.
Standard Chartered's investment arm SC Ventures is preparing to launch a new $250 million crypto investment fund in 2026. According to a report by Bloomberg from the US media, the fund will focus on digital assets and cryptocurrencies in the financial services sector.
"Our goal is long-term crypto treasury companies..."
Gautam Jain, the manager of SC Ventures, who provided information to Bloomberg on the subject, stated that the fund aims to focus on global investment opportunities and said the following:
"We are considering launching the fund in 2026. Serious investors from the Middle East will support the fund. We will focus on global investment opportunities. We will track cryptocurrency treasury companies with long-term accumulation goals. Because we anticipate that more institutional money will enter this field in the coming years."
Jain also stated that in addition to this $250 million fund, they will establish a $100 million "Africa fund." The manager did not provide information on whether this fund would focus on cryptocurrencies.
Standard Chartered analysts predict a year-end Bitcoin price of $200,000. Analysts led by Geoffrey Kendrick have long stood behind these price predictions.
The Bloomberg report did not provide any details on the type of crypto treasury companies the fund would target. Recently, crypto treasury companies that have made significant purchases, particularly in Bitcoin, Ether, and Solana, have emerged.
Published: September 16, 2025 12:41Last Updated: September 16, 2025 12:47