🔹The ETF funds $XRP in the US have quickly reached a total managed asset of 1.2 billion USD, with continuous capital inflow every day since their launch
🔹Canary's fund leads the market with 335 million USD, closely followed by major names like 21Shares and Grayscale
🔸Despite attracting a large amount of capital, the price of XRP is still declining by about 9% compared to last month, indicating a lag behind Bitcoin's growth
🔸$XRP it may be difficult to maintain long-term appeal due to a lack of a compelling investment narrative for institutions like Bitcoin
🔸The initial success of capital flows for XRP ETF funds is undeniable. However, investors need to keep a cool head to observe whether XRP has enough appeal to retain institutional capital flows for the long term.
In your opinion, when will the price of XRP really explode corresponding to this capital flow of 1.2 billion USD?
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All information is for reference only and not investment advice. Please read carefully before making a decision.