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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,
Zhongjin: Currently still maintaining low allocation of copper, oil and other commodities
On September 10th, Jinshi Data reported that the trend of commodities is more affected by the economic cycle than the "Supercycle". Global economic rise and weakening demand, with no tight inventory. Trump advocates increasing oil and gas supply and opposing green transformation. Considering that Trump's current approval rating is very close to Harris, if Trump's approval rating further rises in September, the trading of the election may resume, which may result in Unfavourable Information for commodities. Taking into account the risks and returns, we still temporarily maintain a low allocation of commodities such as copper and oil.