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XRP spot ETFs gain $42 million amid BTC and ETH losses, Wendy O notes
Wendy O, founder and host of The O Show, highlights several recent trends in the crypto market. Spot XRP ETFs have attracted $42 million in inflows while Bitcoin and Ethereum have experienced declines. Additionally, the XRP Ledger has reached fourth place in global real world asset rankings. According to Token Terminal, Ethereum is currently losing the Layer 1 race. Another development includes a sale of the last Ethereum holdings by a user known as TrustlessState. NEAR Protocol has jumped 26% following new AI privacy upgrades, and Saylor states that Bitcoin is expected to outperform the S&P 500.
Wendy O has previously argued that stablecoin yields are causing concern among banks by giving regular people access to higher returns. She has also said that developer protections are essential for crypto to become a global capital. Wendy O has questioned the integrity of calls for regulatory clarity in the sector.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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