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- 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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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, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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📅 Ends at 16:00, Sep 17 (UTC)
Opinion: Trump plans to audit gold reserves or drive money to BTC
According to The Block, Fadi Aboualfa, head of research at Copper, said that Trump's plan to audit the gold reserves of Fort Knox in the United States could trigger a comprehensive review of gold holdings or prompt investors to switch to BTC. If a gold ETF cannot verify its full support, it may trade at a discount, triggering a global liquidity drain. Aboualfa noted that there could be a price disconnect between the spot market and unallocated gold ETFs as delivery delays intensify as Bank of America moves gold from London to New York. Given that the paper gold market is 133 times larger than the physical supply, this situation could trigger a global liquidity disruption and have an impact on the BTC market.