XRP Is Most Asked-About Crypto in Wealth Manager Meetings, Bitwise Claims

Share

XRP was the most asked-about cryptocurrency during a presentation to approximately 400 wealth managers, according to Bitwise research analyst Ryan Rasmussen. U.S. spot XRP ETFs recorded 11 consecutive sessions of net inflows, bringing in about $170 million during the streak and roughly $1.68 billion since their launch in November. Goldman Sachs was the largest disclosed institutional holder with about $87.4 million in exposure, followed by Jane Street with $16.6 million and Millennium Management with $16.2 million. While 67% of participants had not yet allocated to crypto, 60% expected crypto prices to be higher by year-end and planned to allocate to the asset class within the next twelve months.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles