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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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Despite institutional adoption and historic rise, the ETH/BTC ratio is still below 0.05.
According to a report by Jinse Finance and disclosed by Cointelegraph, the ETH/BTC ratio is used to compare the prices of ETH and BTC; a higher ratio indicates that ETH is stronger relative to BTC, while a lower ratio indicates that ETH is weaker. The Ethereum-Bitcoin (ETH/BTC) ratio measures the performance of Ethereum's price relative to Bitcoin's price. Although institutions have started adopting Ethereum, according to data from CoinGecko, the ETH/BTC ratio has been below 0.05 since July 2024, peaking at 0.14 in June 2017, which set the ATH. Currently, the ratio is 0.039, having declined again from 0.04 in August.