Crypto
XRP Price Holds Steady Amid Growing Institutional Demand and Hybrid Fund Plans
The XRP price has remained stable at $1.50 on Monday, up 0.7% from the previous day, as institutional buying through US-listed spot ETFs continues to support sentiment.
The eleven-week streak of net inflows into XRP spot ETFs indicates growing acceptance of the asset within conventional portfolio structures.
A proposed hybrid fund that combines the S&P 500 equity index with XRP is being developed by Exchange Listed Funds Trust, which has filed paperwork with the US Securities and Exchange Commission.