China News Daily Official TheBitTimes.com

Summary ⚈ Brazil’s first spot XRP ETF (XRPH11) launched with strong double-digit gains. ⚈ The ETF mirrors XRP’s price, but gains remain modest due to Brazil’s smaller market. ⚈ Focus shifts to potential U.S. spot XRP ETF approval later this year. The world’s first spot XRP exchange-traded fund (ETF) is off to an impressive start in the first days of its launch, posting double-digit gains. Listed under the ticker XRPH11 on Brazil’s B3 stock exchange, the XRP HASH CI ETF ended the April 28 session trading at R$22.10 ($3.98), up over 1.22% for the day and has climbed 10.50% since going live on April 25. The standout performance followed a massive late-session surge, with the ETF spiking sharply from R$19.87 ($3.58) to R$22.10 ($3.98) in the final hour of trading. XRPH11 all-time price chart. Source: TradingView The ETF is issued by Hashdex, a Brazilian crypto asset manager that has previously launched similar funds for Bitcoin (BTC) and Ethereum ...

Author | WuBlockchain According to data collected by the WuBlockchain team, spot trading volume on major central exchanges in January 2025 decreased by 25% compared to December 2024. The top three in terms of change rate were HTX -8%, Kraken -10%, and Bybit -11%. The bottom three were Bitget -46%, Kucoin -41%, and Mexc -36%. The derivative trading volume decreased by 17% month-over-month. The top three in terms of change rate were Gate +3%, Mexc -4%, and Deribit -18%. The bottom three were Binance -21%, Kraken -21%, and Bybit -20%. The website traffic of exchanges decreased by 2%. The top three in terms of change rate were Gate +46%, Crypto.com +28%, and Mexc +6%. The bottom three were HTX -23%, OKX -17%, and Upbit -14%. Note: The following data may have significant volume manipulation/robot suspicion. Spot and derivative data are from Coingecko; traffic data are from Similarweb. Follow us Twitter: https://twitter.com/WuBlockchain Telegram: https://t.me/wublockchainenglish Source: h...