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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,
Golden Finance reported that according to on-chain analyst Yu Jin's monitoring, Zentry (formerly GuildFi) has disclosed the information of their treasury holdings and project investments.
Their treasury funds have risen from $100 million a year ago to $151 million now.
The reserve assets with good liquidity include 78.1 million: 16,000 ETH and 17.85 million stablecoins.
It is worth noting that this amount of funds does not include the issuance of their token ZENT (formerly GF).
Their ETH is mainly stored in EigenLayer/Lido/etherfi, these stake and restake platforms.