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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,
🧠 Reflection on the dominance of Bitcoin and the total market capitalization:
Trust in assets that are not Bitcoin is once again in question.
Since Bitcoin reached its all-time high, we have observed a clear rotation of liquidity towards BTC itself. Although the total market capitalization has decreased since then, Bitcoin's dominance continues to reach new highs.
This behavior reflects a sustained strengthening in the perception of Bitcoin as a safe-haven asset within the crypto ecosystem. In contrast, altcoins show signs of structural weakness. Therefore, it is essential to be extremely selective when choosing alternative projects. It is unlikely that we will see a widespread altseason like that of 2017 or 2021.
The reality is that the vast majority of new projects —99.999%— lack solid fundamentals, are mere scams disguised as innovation, or are designed to benefit exclusively venture capital that access laughable prices or creators who hold huge amounts of the supply.
Retail ends up being the last monkey and the exit liquidity for developers and insiders.
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