IITMIND: EdTech, Finance and Crypto currencies


After Ripple’s partial victory in the SEC case, XRP's trading volume and prices rose dramatically as crypto traders rushed to the digital currency in anticipation of a continued bull run. According to recent data, financial institutions have been getting their hands on XRP at a steady rate, as reflected in the digital asset fund flows report.

XRP is witnessing consistent inflows into crypto investment funds, making up 12% of all digital assets under management. In total, XRP’s assets under management have risen 127% since the beginning of the year, outpacing the growth of other digital tokens like Polygon and Cardano etc.

Some recent data reports would see digital asset investment products receive inflows of over $30M throughout the week. BTC would also return as the primary focus, seeing $27 million of inflows after four prior weeks of $150 million outflows.

Even though the circumstances around XRP feel decidedly more optimistic as investors expect a positive final decision in the Ripple-SEC case. At the time of writing this article, XRP is down by 4.82% in the last 24 hours and is trading at $0.60 with a market capitalization of $31 Billion.

>> Disclaimer Risk warning:- Cryptocurrency Investment is subject to high market risk. The information on our website is for educational purposes only. Please do your own research before investing anywhere, we will not be responsible for your investment losses.
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