PiCK
Rex XRP (XRP) ETF, first-day trading volume surpasses $24 million… "Far exceeds expectations"
JH Kim
Summary
- Rex-Osprey XRP ETF (XRPR)'s first-day trading volume surpassed $24 million.
- He said the trading volume was well above the analyst's expectations.
- He said this trading volume is more than five times the first-day record of past XRP futures ETFs.
On the 18th (local time), Bloomberg ETF analyst Eric Balchunas said via official X (formerly Twitter), "The trading volume of the Rex-Osprey XRP ETF (XRPR), which was listed today, has already exceeded $24 million," adding, "It is a level that far exceeds expectations."
Balchunas added, "This figure is more than five times the trading volume recorded on the first day by past XRP futures exchange-traded funds (ETFs)."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
