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Jinse Finance reported that the REX-Osprey XRP ETF (XRPR) has been confirmed to launch this week, becoming the first ETF to provide investors with exposure to the performance of the third largest cryptocurrency, XRP. Launched by REX-Osprey, the team is also behind SSK. Earlier today, Bloomberg Senior ETF Analyst Eric Balchunas revealed, "So far, the Dogecoin ETF DOJE is scheduled to launch this Thursday, along with the 40 Act spot XRP ETF XRPR (they are included in the same effective prospectus). Trump and Bonk are also included, but their launch dates have not yet been announced."

Jinse Finance reported that the market generally expects the Federal Reserve to announce an interest rate cut on Wednesday. Paul Mackel from HSBC stated that unless the Federal Reserve signals "the possibility of more rate cuts in the future," the US dollar may briefly rise after the rate cut statement is released. He pointed out that in order to further boost already high expectations for rate cuts, the Federal Reserve would need to meet extremely high conditions. According to data from the London Stock Exchange Group, the market currently expects the Federal Reserve to cut rates by a total of about 140 basis points by the end of 2026. Against this backdrop, there may be a short-term spike in the US dollar after Wednesday's statement is released. However, Mackel believes that considering the prospect of faster rate cuts in the future, especially if employment data continues to weaken, any gains in the US dollar may be temporary.