XRP is trading 64% below the record price set in July even though seven US XRP exchange-traded funds manage about $1.1 billion in assets, according to CoinShares data. Ric Edelman said the token still suffers from reputational damage after the SEC lawsuit, while Matt Hougan and Eric Balchunas pointed to steady ETF demand despite the market downturn.
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XRP Stays 64% Below Its Record Price Despite $1.1B in ETF Assets
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