21Shares Makes the Case for XRP as an Institutional-Grade Asset

21Shares is highlighting the utility of XRP and its potential as an underlying asset in exchange-traded funds (ETFs). The company's argument centers around the fixed supply of XRP, which is seen as a key advantage over other cryptocurrencies.

The firm points out that XRP has been used for cross-border payments by companies like RippleNet, demonstrating its utility and real-world application. This, combined with its fixed supply, makes it an attractive option for institutional investors looking to invest in cryptocurrencies with a stable store of value.

21Shares' case for XRP is built on the idea that its fixed supply will help mitigate price volatility, making it more suitable for ETFs and other investment vehicles. The company's argument echoes the sentiments of some industry experts who believe that a fixed supply can help stabilize the market and increase adoption.