EverSource Doubles Down on XRP and Bitcoin ETFs

EverSource Wealth Advisors has significantly increased its investments in XRP ETFs and Bitcoin ETFs, signaling growing institutional confidence in cryptocurrency products.

The firm manages $3.6 billion in assets and holds shares in ProShares Ultra XRP ETF, Franklin XRP ETF, and several Bitcoin ETFs, including BlackRock's iShares Bitcoin Trust.

This move aligns with broader market trends showing increased demand for XRP investment products, supported by regulatory clarity and Ripple's expanding partnerships.

EverSource has also invested in crypto-related companies and a SPAC linked to Ripple, indicating a strategic push into the digital asset ecosystem.