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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,
Galaxy Research: CeFi Close Position loan scale reached 17.78 billion USD, with a rise of 14.66% month-on-month.
According to Mars Finance, as disclosed by unfolded, as of June 30, Galaxy Research tracking shows that the outstanding borrowing scale of centralized finance (CeFi) reached $17.78 billion. This scale has risen by 14.66% (or $2.27 billion) compared to the previous quarter; compared to the $7.18 billion low point during the bear market in Q4 2023, it has increased by $10.59 billion, with a growth rate of 147.5%. In terms of outstanding loan amounts, Tether, Nexo, and Galaxy are the top three lenders.