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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,
Galaxy DeFi Director: Solana on-chain assets can be unstaked in just 2 days, much faster than Ethereum.
Golden Finance reports that the current Ethereum PoS network has seen over 2.6 million ETH withdrawn from staking. Marcantonio, head of Galaxy's Decentralized Finance business, posted on the X platform expressing concern over the state of the Ethereum network. It remains unclear how a network that takes 45 days to return assets can be a suitable candidate to drive the next era of the global Capital Market, while Solana's on-chain assets can be unstaked in just 2 days. Furthermore, SOL offers a higher staking yield, currently around 7-8%, compared to ETH's 3-4%. If the BMNR treasury reaches $9 billion, it could generate approximately $300 million in net income from staking each year.