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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,
Defiance applies to launch two Crypto Assets based ETF
According to Mars Finance, as reported by Jin10, ETF issuer Defiance has submitted an application to the SEC, planning to launch two exchange-traded funds built around "basis trading," one linked to Bitcoin and the other linked to Ether. This strategy aims to profit from the price differences between the spot market and futures contracts. Defiance has set the trading codes for these two ETFs as "NBIT" (Bitcoin-related) and "DETH" (Ether-related).