#加密货币ETF发展 In the past couple of days, the crypto ETF market has seen a new wave of activity. According to the latest news, spot ETFs for XRP and LINK are very likely to launch within this week. Notably, Franklin's XRP spot ETF has been approved for listing on the NYSE with the ticker XRPZ and an annual fee rate of 0.19%. Interestingly, they plan to waive fees for the first $5 billion in assets until May 2026.

Looking at the data, over 100 crypto ETFs may be listed in the next six months, which will undoubtedly bring significant liquidity to the market. However, it's worth noting that the launch of a large number of ETFs could dilute capital and have some impact on short-term price movements.

Next, I will closely monitor the capital flows and position changes of these ETFs. In particular, the participation level of institutional investors will be an important indicator for judging the medium- and long-term trends of the market. At the same time, it's important to be wary of potential regulatory risks, as crypto ETFs are still in the early stages of development.