XRP News Today: Bank of America Adds XRP ETF Amid Institutional Demand

This suggests holders are moving XRP to private w

This suggests holders are moving XRP to private wallets instead of selling, which indicates accumulation and potentially reduced selling pressure.

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FAQs

Why are institutions investing in XRP ETFs?

Institutions invest in XRP ETFs for regulated crypto exposure, portfolio diversification, and to participate in Ripple’s cross-border payment network.

Has XRP price reacted to institutional ETF inflows?

Despite strong ETF inflows, XRP trades around $1.59, showing little change as accumulation suggests reduced selling pressure.

Are XRP ETFs safe for client portfolios?

XRP ETFs offer regulated crypto exposure, limiting risk to 1–4% of a portfolio, making them a safer option for wealth advisors and investors.

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