Binance Morning Post (September 16)

● REX-Osprey XRP ETF will be launched this week According to BlockBeats, on September 15, the REX-Osprey XRP ETF (XRPR) was confirmed to be online this week, becoming the first ETF to provide investors with XRP performance exposure. This product is launched by REX-Osprey. Dogecoin ETF DOJE is scheduled to be launched this Thursday, along with the 40 Act spot XRP ETF XRPR, Bloomberg senior ETF analyst Eric Balchunas said. The launch dates for Trump and Bonk ETFs have not been announced yet. ● Data: Last week, the net inflow of digital asset investment products was US$3.3 billion, and the asset management scale approached a historical high According to PANews, CoinShares' latest weekly report showed that digital asset investment products had net inflows of US$3.3 billion last week, and asset management scale rose to US$239 billion, close to an all-time high in August. The United States contributed $3.2 billion, Germany contributed $160 million, and Switzerland sent $92 million. Bitcoin inflows of US$2.4 billion, a new high since July; Ethereum ended its net outflow for eight consecutive days, with inflows of US$646 million per week. Solana inflows of US$145 million per day, with a cumulative weekly amounting to US$198 million. Aave and Avalanche leaked $1.08 million and $660,000 respectively. ● QCP: Bitcoin ETF has inflows for five consecutive days, and the altcoin market value hits a 90-day high According to Shenzhen Chao TechFlow, on September 15, QCP released a market research report saying that the cryptocurrency market returned to normal after last week's CPI data fluctuations. Although tariffs have caused some inflationary pressure, there are no major accidents, providing a green light for risky assets. Institutional capital inflows have increased, and BTC spot ETFs have inflowed large amounts for five consecutive days. ETH ushered in the largest single-day inflow on Friday after the SEC postponed its decision to pledge ETH ETF. XRP and SOL rose despite delays in ETF decisions. As BTC consolidates within the range, the altcoin market performed well, CMC's Altcoin seasonal index reached 72, and the total altcoin market value reached US$1.73 trillion. Markets expect Paul Atkins as SEC chairman to push for cryptocurrency approval. ● Institutions: Gold prices remain stable at high levels, and the market remains waiting before the Fed's interest rate decision According to Shentide TechFlow, gold prices fell slightly on early Asian trading due to profit settlement and the dollar's strengthening, but remained near historical highs amid the general expectations that the Fed will cut interest rates this week. Gold futures fell about 0.4% to $3,672 per ounce, while the U.S. dollar index remained flat at around 97.55. "The market is almost fully priced at the Fed's first rate cut since December 2024, while Powell's speech will be closely watched to seek out the Fed's outlook on inflationary pressures, recent labor market weakness and potential tariffs impact on monetary policy," Peak Trading Research analysts said. Continued geopolitical uncertainty, strong demand for central bank gold purchases and continued capital inflows of gold ETFs further support gold prices.