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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 prediction market Kalshi has hired encryption KOL John Wang as the head of encryption business.
PANews reported on August 25 that the prediction market platform Kalshi has recently appointed John Wang, a founder turned KOL in the encryption field, as the head of its crypto business to deepen its layout in the digital asset sector. Before joining Kalshi, Wang provided advisory services to crypto startups and wrote content related to crypto assets and finance on the social media platform X. Wang stated that he dropped out of the University of Pennsylvania and founded Armor Labs, which was later acquired by another company. Wang also mentioned, "Nowadays, all major fintech companies view crypto asset strategy as a core component of their company mission. Regarding Kalshi's crypto asset plans, we have prepared several different initiatives. One of my main initial tasks is to create more trading markets that resonate with crypto asset culture and keep up with market dynamics, directly attracting Twitter users in the crypto asset field."