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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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Analyst: The new high of Bitcoin is due to investors diversifying their asset allocation.
According to a report by Golden Finance, AJ Bell analyst Dan Coatsworth stated that amid uncertainties in U.S. policy and geopolitics, investors are diversifying their portfolios, which has driven Bitcoin to reach historical highs. He said, "Although Bitcoin's movement is entirely driven by speculation, the market's interest in this crypto asset continues to heat up." Currently, there are various investment funds tracking Bitcoin prices, providing investors with more options to access crypto assets and making it easier for them to hold. However, he pointed out that the volatility of crypto assets is extremely high, and investments in them are filled with a large amount of speculation, making it the highest risk profit attempt.