REX-Osprey? XRP ETF Confirmed to Launch This Week
On September 15th, the REX-Osprey? XRP ETF (XRPR) has made a confirmation that it will commence operations later this week. It will thereby become the first ETF to offer investors the opportunity to gain exposure to the performance of the third-largest cryptocurrency, XRP. This ETF was launched by REX-Osprey?, and the team behind it is also the backstage team of SSK.
Earlier today, Bloomberg's senior ETF analyst, Eric Balchunas, disclosed in a post that, "As of the present moment, the Dogecoin ETF DOJE is scheduled to launch this Thursday. Simultaneously, the launch of the 40 Act physical XRP ETF XRPR will take place (both are within the same effective prospectus). This also includes Trump and Bonk; however, the specific launch dates for these two have not been announced yet."
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Both China and the United States have reached a basic framework agreement on resolving the TikTok issue through cooperation.
On September 15th, according to Xinhua News Agency, on the same day, Li Chenggang, Deputy Minister of the Ministry of Commerce and China's International Trade Representative, said that regarding the TikTok issue, China has always been opposed to the politicization, instrumentalization, and weaponization of technological and economic issues. China will never sacrifice its principles, corporate interests, and international fairness and justice in order to seek any agreement. China will firmly defend national interests and the legitimate rights of Chinese enterprises and conduct technology export approvals in accordance with laws and regulations. Meanwhile, the Chinese government fully respects the will of enterprises and supports enterprises in conducting equal commercial negotiations based on market principles.
During this meeting, the two sides had frank and in-depth exchanges regarding TikTok and China's concerns and reached a basic framework consensus on resolving TikTok-related iss
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ZORA surged over 36% briefly before pulling back, with a market capitalization currently standing at $235 million.
On September 15th, perhaps influenced by the news that "Base is exploring the issuance of its network's native token," ZORA saw a brief surge of over 36% and then retreated. It is now trading at $0.072 with a market capitalization of $235 million.
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Coinbase CEO Confirms Base is Exploring Issuance of its Native Token
On September 15th, Brian Armstrong, the co-founder and CEO of Coinbase, stated in a post, "We are conducting exploration into issuing the native token of the Base network. It has the potential to serve as a significant tool to expedite decentralization and drive the growth of creators and developers within the ecosystem. It should be emphasized that there is currently no definite plan. We are merely updating our vision. Up to now, we are still in the exploration stage."
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If Ethereum drops below $4400, the mainstream CEX liquidation cascades will reach a total of $1.2 billion.
On September 15th, based on Coinglass data, if Ethereum drops below $4400, the cumulative liquidation strength of major CEXs in terms of long positions will reach $1.2 billion.
Conversely, if Ethereum goes above $4600, the cumulative liquidation strength of major CEXs in terms of short positions will reach $1.162 billion.
BlockBeats Note: The liquidation chart does not provide the exact number of contracts to be liquidated or the exact value of contracts to be liquidated. The bars on the liquidation chart actually represent the significance of each liquidation cluster in relation to adjacent clusters, that is, the strength.
Therefore, the liquidation chart shows to what extent the price of the underlying asset will be influenced when it reaches a certain level. A higher "liquidation bar" indicates that when the price reaches that point, a more intense reaction will occur due to a liquidity avalanche.
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Dogecoin ETF DOGE and XRP ETF XRPR are scheduled to launch this Thursday.
On September 15th, Bloomberg's senior ETF analyst Eric Balchunas disclosed that "As of the present moment, the Dogecoin ETF DOJE is slated to commence on this Thursday. Alongside this, there is the 40 Act spot XRP ETF XRPR (both are included in the same effective S-1 filing). This encompasses Trump and Bonk as well, but their launch dates have not been made public yet."
The Rex-Osprey DOGE Spot ETF (coded as DOJE) is structured in accordance with the Investment Company Act of 1940, similar to SSK. A significant number of projects structured under the Securities Act of 1933 are still awaiting approval from the U.S. Securities and Exchange Commission (SEC). This is likely to be the first intentionally assetless ETF in the history of the United States.
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