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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,
Now a Solana offensive from 3 crypto giants
In the crypto world, while institutional purchases are set to make a mark in 2024 and 2025, it seems that the focus has shifted to Solana after Bitcoin and Ether. According to a report from Bloomberg, Galaxy Digital, Jump Crypto, and Multicoin Capital are aiming to raise a total of up to 1 billion dollars in investment. It is indicated that the three companies plan to purchase Solana with these investments.
As is known, all 3 companies have significant investments in Solana. It is known that Galaxy, led by Mike Novogratz, has investments in Solana alongside Bitcoin and Ether.
Due to the oppressive environment during the Biden administration in the US, Jump Crypto, which has emerged from this country but is expanding its operations globally, also has strong ties to the Solana world... It is known that Jump has investments in DeFi projects on Solana.
Multicoin Capital, one of the earliest and largest institutional investors in Solana, is also known for its support of the Solana ecosystem. At one point, the company held some of the well-known coins of the Solana network, such as Serum and Helium.
Published: August 25, 2025 10:08Last Updated: August 25, 2025 10:20