XRP Is About To Hit A Major Turning Point This Week, Analyst Says
According to market observers, this week could mark a turning point for XRP as five spot ETFs trade at the same time for the first full week. 21Shares’ XRP fund (TOXR) launched today, joining Bitwise, Grayscale, Franklin Templeton and Canary Capital. Reports have disclosed that ETF inflows have already topped Over $660 million in less than a month, with zero outflows across 10 consecutive trading days. Related Reading: Bitcoin Miners Face A Harsh December: Rising BTC Difficulty, Falling Hashprice 5 ETFs Trade Together Bitwise recently increased its XRP holdings to 80 million tokens. ETF....
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Latest CoinShares weekly report has revealed a notable shift in last week’s crypto asset investment products, with the first major outflows reported after a prolonged 19-week streak of inflows. CoinShares particularly detailed $415 million in outflows, marking a sharp reversal from the previous weeks’ steady gains. According to James Butterfill, Head of Research at CoinShares, […]
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