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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,
This week is the last "super Central Bank week" of the year, with multiple Central Banks such as the Federal Reserve, Japan, the UK, and Sweden conducting interest rate meetings in the same week. The Bank of Japan may pause its rate hike, the Bank of England may pause its rate cut, and there is a 96% probability that the Federal Reserve will cut interest rates by 25 basis points in December.
Market attention has shifted to Fed Chairman Powell's speech and the latest economic projections dot plot, which provide guidance for the direction of Fed monetary policy in 2025.