Summary
- It reported that the Dogecoin ETF and XRP ETF listed on U.S. exchanges showed a positive performance on their first day.
- XRPR recorded $37.7 million and DOJE recorded $17 million in trading volume, ranking among the top performers among ETFs launched this year.
- Analyst Eric Balchunas said this is a positive signal for future crypto asset ETFs.
Claims have emerged that the Dogecoin (DOGE) and XRP (XRP) exchange-traded funds (ETFs) listed on U.S. exchanges the previous day showed a positive trend.
On the 19th (local time), Bloomberg ETF analyst Eric Balchunas said on X (formerly Twitter), "XRPR, Rex Osprey's XRP ETF, recorded $37.7 million in trading volume," adding, "It was the best-performing ETF among those launched this year in terms of daily trading volume."
He also said that the Dogecoin ETF DOJE reached $17 million in trading volume, ranking among the top five. He added, "This is a positive signal for soon-to-be-launched (crypto) ETFs."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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