#加密货币ETF市场动态 Looking back, I can’t help but marvel at the cyclical nature of the market. The current XRP ETF market is booming, which reminds me of the excitement when the Bitcoin ETF was first launched. At that time, everyone was gearing up and full of anticipation. Now, it seems that history always repeats itself in remarkable ways.

Grayscale, Franklin Templeton, and 21Shares are all working intensively to launch their XRP ETFs, and the market has already started the countdown. Especially noteworthy is Bitwise’s XRP ETF, which performed impressively on its first day, with a trading volume of $25.7 million and inflows exceeding $100 million. This level of enthusiasm reminds me of the scene when the ProShares Bitcoin Futures ETF launched in October 2021.

However, having been through several bull and bear cycles, I must remind everyone to stay calm. The launch of an ETF can indeed generate short-term market hype, but in the long run, what truly determines a project’s success is its actual use and value. We shouldn’t be blinded by short-term excitement and neglect in-depth analysis of the project itself.

Looking back at history, whether it’s Bitcoin or Ethereum, what really enabled them to gain a foothold was the continuous development of their underlying technology and ecosystem. So, for XRP, we should focus more on Ripple’s business expansion and the real-world applications of XRP in areas such as cross-border payments.

In summary, the launch of the XRP ETF is undoubtedly positive news, but investors should remain rational and practice good risk management. After all, in this ever-changing cryptocurrency market, only by maintaining a long-term perspective can you remain undefeated through the cycles.