🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
In 2023, the total Market Cap of the crypto ecosystem has more than doubled, up 108% from $832 billion at the beginning of the year. Most of the growth occurred in the fourth quarter, when optimism around the potential approval of SpotBitcoin ETFs heated, resulting in Market Cap rise from $1.1 trillion to more than $1.7 trillion.
In addition, the trading volume of the Crypto Assets market reached $36.6 trillion in 2023, with the growth in the fourth quarter being the most striking, from $6.7 trillion in the third quarter to $10.3 trillion, an increase of 53.1%.