The launch of the XRP spot ETF is an important compliance milestone that will significantly boost market sentiment and drive prices up in the short term. At the same time, it will bring direct buying through the physical subscription mechanism, enhancing liquidity. However, one should be wary of a technical correction after the "Favourable Information" is fully priced in.



Compared to Bitcoin and Ethereum ETFs, the XRP ETF is smaller in scale and has more segmented characteristics, mainly attracting funds that are optimistic about the cross-border payment sector, making it difficult to replicate the funding scale of the former two. Whether it can become a new focal point depends on the subsequent follow-up efforts of institutions and actual capital inflow data.
#XRP ETF上线 #Gate广场创作点亮中秋
XRP-5.6%
BTC-3.18%
ETH-3.86%
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Darius128vip
· 09-16 08:30
Steadfast HODL💎
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FatYa888vip
· 09-16 06:38
Steadfast HODL 💎
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