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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,
Crypto protocols raised 1.9 billion USD in August.
According to DefiLlama, crypto protocols raised 1.9 billion USD in August, a fall of 30% compared to July (2.67 billion USD). Nevertheless, the third quarter has reached 4.57 billion USD in just 2 months, surpassing the total capital of 4.54 billion USD in the second quarter.
On the contrary, the public token sale fell sharply, reaching only 30.7 million USD after 7 projects, far less than the 600 million USD deal of PUMP in July.
👉 Q3 shows that institutional capital remains stable despite monthly fluctuations.