The positive steps taken by the Ripple company in the Asia-Pacific region, whose lawsuit with the SEC has been ongoing for more than 2 years, and the rise in Bitcoin price are still not reflected in the XRP price. Another factor that was not reflected in the XRP price was the interest in exchange-traded products.
CoinShares, Europe's largest digital asset management firm, has completed its report examining crypto fund inflows last week. There was a net outflow of $5.1 million from crypto funds. Outflows of 500 thousand dollars were seen in Bitcoin funds and 5 million dollars in Ethereum funds. Surprising investments in XRP Despite all the exits, the investments of $ 1.1 million entering the XRP funds also attracted attention. Therefore, we see that XRP, which is currently traded at $0.51, has not yet reacted to neither the license obtained in the Far East nor other positive events. However, considering that investments in crypto money funds generally come from institutions, it can be thought that XRP is preparing for a rally and is on its way to at least seeing the peaks of 2023. Here, of course, one of the most important points to check will be this week's digital investment products figures. Whether the investments of XRP funds continue or not will be seen with these figures, which will be announced next week. If investments into XRP funds continue to increase, this may paint a positive picture in the short term. #ContentStar #Bitcoin##BountyCreator #NewsMessenger #GateioTurns10 #NewYearCelebration
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Blackpearl
· 2023-06-23 05:22
Thanks
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SAVAS
· 2023-06-22 18:21
Thanks...👍
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CrazyCrab
· 2023-06-22 18:03
It should now hold at the 0.5 dollar level. Thanks for information
The positive steps taken by the Ripple company in the Asia-Pacific region, whose lawsuit with the SEC has been ongoing for more than 2 years, and the rise in Bitcoin price are still not reflected in the XRP price. Another factor that was not reflected in the XRP price was the interest in exchange-traded products.
CoinShares, Europe's largest digital asset management firm, has completed its report examining crypto fund inflows last week. There was a net outflow of $5.1 million from crypto funds. Outflows of 500 thousand dollars were seen in Bitcoin funds and 5 million dollars in Ethereum funds.
Surprising investments in XRP
Despite all the exits, the investments of $ 1.1 million entering the XRP funds also attracted attention. Therefore, we see that XRP, which is currently traded at $0.51, has not yet reacted to neither the license obtained in the Far East nor other positive events. However, considering that investments in crypto money funds generally come from institutions, it can be thought that XRP is preparing for a rally and is on its way to at least seeing the peaks of 2023.
Here, of course, one of the most important points to check will be this week's digital investment products figures. Whether the investments of XRP funds continue or not will be seen with these figures, which will be announced next week. If investments into XRP funds continue to increase, this may paint a positive picture in the short term.
#ContentStar #Bitcoin##BountyCreator #NewsMessenger #GateioTurns10 #NewYearCelebration