[Tuttle Submits Single-Stock Crypto Blast ETF Application]
Tuttle has submitted multiple applications for single-stock Crypto Blast ETFs. According to Bloomberg Senior ETF Analyst Eric Balchunas, these ETFs plan to use a bearish options spread strategy to operate on the target stocks, while investing the cash portion not used for margin in cryptocurrency ETFs tracking Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), aiming to achieve high-yield 'explosive' effects.
[Ripple Partners with Mastercard and Others to Pilot RLUSD Credit Card Settlement]
Ripple announced a partnership with Mastercard, WebBank, and Gemini to pilot the use of the RLUSD stablecoin for credit card settlement on the Ledger (XRPL).
The XRP price has risen by 12% in the past 24 hours, attracting a large number of users to buy. According to XRP Ledger data, there have been 21595 new XRP wallets added in the past two days, marking the highest growth level in 8 months. (Santiment)
The asset size of Bitcoin and Ethereum related ETFs has decreased by $2.6 billion in the past week, indicating a significant outflow of market funds. Previously, these ETFs attracted a large number of investors' attention, but recent market fluctuations may lead to a decrease in investor confidence. Analysts point out that macroeconomic factors and the overall performance of the cryptocurrency market are the main reasons for capital outflows. (Decrypt)
Bitcoin: may attract global investment capital
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Jordan Peterson raised the question of whether Bitcoin will absorb all investment capital, and Michael Saylor responded by stating that Bitcoin is achieving this and that this is the reason for his involvement. (Bitcoin Archive)