XRP Dominates Discussion Among Wealth Managers at Bitwise Presentation

Approximately 400 wealth managers attended a Bitwise presentation where XRP generated more questions than any other cryptocurrency. According to research analyst Ryan Rasmussen, there was 'a lot of interest' in XRP during the event.

The attendees were polled about their expectations for cryptocurrency prices by year-end, with 60% predicting an increase. Additionally, 67% stated they did not currently allocate client portfolios to cryptocurrency investments, while 60% said they planned to do so within one year.

U.S. spot XRP funds experienced a streak of 11 consecutive trading sessions of net inflows, attracting approximately $170 million before ending on September 2 with net outflows of $7.2 million.