XRP Price Buoys Ahead of Major Upgrade and Surging ETF Inflows
XRP's price is poised for a breakout as exchange-traded fund (ETF) inflows surge ahead of the highly anticipated XRPL v3.3.0 upgrade.
The Ripple-linked token has been trading within a tight range over the past two months, but it may be nearing an end as investors eagerly await the upgrade.
According to recent data, Bitwise's XRP ETF holds over $315 million in assets, while Franklin, Canary, 21Shares, and Grayscale funds hold $254 million, $245 million, $115 million, and $58 million respectively.
The XRPL v3.3.0 upgrade is a major milestone for the platform, introducing confidential multi-purpose tokens (MPT) that will bring privacy to tokenized assets using zero-knowledge proofs.