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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,
Eric Trump's company raised 220 million dollars to buy Bitcoin and crypto mining equipment.
According to Bloomberg, a cryptocurrency company supported by Eric Trump, the son of President Trump, called American Bitcoin has raised $220 million to purchase Bitcoin and digital asset mining equipment. The company issued new shares to private investors last Friday, with about $10 million in equity sold in Bitcoin instead of US dollars.
The main shareholder of American Bitcoin, Hut 8 Corp, plans to take the company public through a merger with Gryphon Digital Mining Inc. Hut 8 had previously transferred its mining equipment to American Bitcoin in exchange for an 80% stake.