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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,
The Fed's dot plot is overall more accommodative, with one official predicting a rate cut of 150 basis points within the year.
On September 18, the Fed's dot plot showed that among the 19 officials, 1 official believes that there will be no rate cuts in 2025 (compared to 7 in June); 6 officials believe that there should be a cumulative rate cut of 25 basis points in 2025, which means 1 rate cut (compared to 2 in June); 2 officials believe that there should be a cumulative rate cut of 50 basis points in 2025, which means 2 rate cuts (compared to 8 in June); and 9 officials believe that there should be a cumulative rate cut of 75 basis points in 2025, which means 3 rate cuts (compared to 2 in June). One official (likely Milan) believes that there should be a significant rate cut of 150 basis points in 2025, indicating that there will be at least two significant rate cuts within the year. ( Jin10 )