Close Menu
Cryprovideos
    What's Hot

    Bitget Launches Upgraded Spot Elite Buying and selling System with New Rewards and Enhanced Publicity Options | UseTheBitcoin

    October 31, 2025

    Panic and Greed Are Shaping Ethereum’s Worth: What’s Subsequent? – Decrypt

    October 31, 2025

    Zcash hits 8-year excessive, flips Monero to turn into prime privateness coin at $6.2B

    October 31, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»XRP Skyrockets 353% in Fund Flows in Simply One Week
    XRP Skyrockets 353% in Fund Flows in Simply One Week
    Altcoins

    XRP Skyrockets 353% in Fund Flows in Simply One Week

    By Crypto EditorNovember 26, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    XRP Skyrockets 353% in Fund Flows in Simply One Week

    Cowl picture through www.freepik.com

    Disclaimer: The opinions expressed by our writers are their very own and don’t symbolize the views of U.At the moment. The monetary and market data offered on U.At the moment is meant for informational functions solely. U.At the moment will not be chargeable for any monetary losses incurred whereas buying and selling cryptocurrencies. Conduct your individual analysis by contacting monetary specialists earlier than making any funding selections. We imagine that every one content material is correct as of the date of publication, however sure provides talked about might now not be out there.

    As grew to become recognized because of the newest weekly analysis by CoinShares, funding merchandise linked to the favored cryptocurrency noticed a staggering consequence with inflows of $15.2 million. In reality, that is 353% larger than the week earlier than and brings the year-to-date complete for XRP-focused ETFs to $46 million.

    In different phrases, based mostly on basic math, final week noticed nearly half as a lot cash circulate into XRP ETPs, as within the earlier 11 months. The rationale for this avalanche of cash lies within the worth motion of the favored cryptocurrency. What drove crypto market individuals to push the worth of XRP up greater than 222% at its peak is what drove ETP merchants to purchase XRP investments final week. 

    Associated

    XRP Ledger (XRPL) Hosts First Ripple-Backed Tokenized Fund

    Article image
    Supply: CoinShares

    Other than Gensler’s resignation from the SEC chairmanship, the potential causes behind the surge on each crypto and conventional markets could possibly be the long-awaited IPO of Ripple, the San Francisco-based firm that makes use of XRP in its enterprise blockchain providers and options. 

    Ripple IPO

    Per week in the past, the CEO of SBI, a Japanese monetary conglomerate, stated that Ripple ought to put together for an IPO within the close to future attributable to upcoming adjustments within the U.S. authorities. Beforehand, the corporate was valued at about $30 billion, which is attention-grabbing since there may be about $55 billion price of XRP within the firm’s escrow accounts proper now. Sure, there may be an ongoing technique of emptying them, however the coffers nonetheless maintain a large quantity. 

    Associated

    XRP Shows Signs of Rally's End: 3 Reasons Why

    If Ripple does certainly go public, regardless of three years of powerful battles with the SEC over XRP’s standing, it will likely be an enormous profit to the cryptocurrency, its adoption and recognition. Not many digital belongings have comparable utility, adoption and regulatory standing upheld by U.S. courts.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Panic and Greed Are Shaping Ethereum’s Worth: What’s Subsequent? – Decrypt

    October 31, 2025

    Zcash hits 8-year excessive, flips Monero to turn into prime privateness coin at $6.2B

    October 31, 2025

    XRP Newest Information: XRP Breakdown Sparks Deep Pullback Threat Amid Fed Cuts

    October 31, 2025

    Coinbase Is Lengthy Ethereum, Says Key Base Developer, However There's a Catch – U.At this time

    October 31, 2025
    Latest Posts

    Right here is why Bitcoin registered its first crimson October in 7 years

    October 31, 2025

    Brandt on Bitcoin: 'I Am Now Quick' – U.Right this moment

    October 31, 2025

    ETFs will usher establishments into altcoins, similar to Bitcoin: Analyst

    October 31, 2025

    'HOPIUM' For Bitcoin (BTC) Bulls

    October 31, 2025

    Bitcoin Information: Coinbase Boosts Bitcoin Holdings to $1.57B in Q3 2025

    October 31, 2025

    Coinbase Provides 2,772 BTC to Treasury in Q3 2025 – Bitbo

    October 31, 2025

    Bitcoin (BTC) November Rally At Threat? Analysts Say This Week’s Shut Holds The Key

    October 31, 2025

    Ripple CTO Names Bitcoin's Use Instances – U.In the present day

    October 31, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Prime Cryptos to Purchase Now: Qubetics Soar To $326,000, Ripple’s Authorized Breakthroughs, and Binance’s Market Management—Don’t Miss Out

    November 19, 2024

    This Week in Crypto: Bitcoin Circles $100,000, Ripple's RLUSD Efforts, Cardano Founder Requires Unity

    December 7, 2024

    FBOT registry received't convey offshore crypto exchanges to the US — Legal professional

    September 6, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.