Skip to content
crypto.news

XRP funding rates hit one-year high on Binance as ETFs lose $10.4M

By Rony Roy

XRP funding rates on Binance have climbed to their highest level in more than a year, even as the cryptocurrency struggles to recover from a 30% correction and spot XRP exchange-traded funds record $10.4 million in net outflows. CryptoQuant analyst…

Read Original Article

Explained in this story

Exchange-traded fund

An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.

ETFs offer low-cost, diversified investing and are a fast-growing way people save.

More about Exchange-traded fund
Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

More about Cryptocurrency

From the blog