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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,
BiyaPay Analyst: Encryption projects accelerate shell mergers for US stock listings, coin prices have not risen but stock prices are leading.
BlockBeats news, on July 30, recent cryptocurrency projects are accelerating their layout in the US stock market, with a significant trend in reverse mergers. Following MicroStrategy's stock price increase through Bitcoin investment, over 100 listed companies have disclosed their allocation of Bitcoin assets, and some companies have also included ETH, XRP, SOL, TRON, BNB, DOGE, and other tokens in their plans. Market data shows that the prices of shell resources in the US stock market have doubled in the short term. Some large investors in tokens are acquiring shell resources through holding companies, disclosing their holdings, and creating market capitalization effects, transforming crypto assets into listed company assets, thus driving the phenomenon of "coin price not rising, stock price rising first." Against this backdrop, BiyaPay provides a channel to support USDT trading in US stocks, offering investors a convenient entry point to participate in the "token capitalization" trend.