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XRP Institutional Inflows Hit $145.8 Million in Seven Days: Report
In a remarkable turn of events, institutional investments into Ripple (XRP) have surged to a staggering $145.8 million in just seven days, according to recent reports. This influx of capital is expected to further bolster the XRP ecosystem and potentially drive its price up.
The development comes as asset managers are queuing up for the approval of an XRP ETF, with many hoping that the change in leadership at the United States Securities and Exchange Commission (SEC) could pave the way for more favorable crypto ETF approvals next year.
Source: u.today
