"XRP enters the institutional spotlight: 20% allocation in a new ETF for Ark Invest!"
Ark Invest has filed to create the ARK CoinDesk 20 Crypto ETF.
XRP represents 19.88% of the fund, after Bitcoin at 32.4% and Ethereum at 20.69%.
The fund will trade on NYSE Arca with an approximate capital of $437,000.
The presence of XRP at this scale reflects institutional confidence and enhances liquidity and adoption.
XRP is also present in several US ETF funds and has achieved $1.23 billion in net inflows since November.
💡 This positions XRP strongly for institutional adoption and long-term investment.
XRPUSDT
Perp
1.9023
-0.17%