#Gate广场五月交易分享


GraniteShares 3x XRP ETF was listed on NASDAQ yesterday
Do you think it's good? Definitely don't hold long-term!
+10%/-10% volatility 5 times—spot -5%, 3x ETF -38%!
The prospectus itself states "not recommended to hold for more than a few days"
Impact on XRP:
Since it doesn't buy spot, the demand for XRP spot = 0, basically no impact
Rebalances daily, so volatility is amplified
There is a 3x short option, adding more tools for retail investors
In summary, this is a short-term small tool. Can everyone resist the temptation of short-term high volatility and high returns? Long-term holders are becoming increasingly hard to hold, haha!
$XRP $ETH $SOL
XRP2.19%
ETH1.01%
SOL5.29%
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GateUser-8585c276
· 5h ago
Hop on now!🚗
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