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Tag: Institutional

Ethereum Value Fluctuates as $60.7M Withdrawn by Institutional Investors in a Week

Ethereum Value Fluctuates as $60.7M Withdrawn by Institutional Investors in a Week

The Current Landscape of Crypto Investment: A Spotlight on Ethereum’s Unprecedented Outflows No one can ignore the whirlwind that grips the realm of crypto investments today In a fresh wave of developments, a distinctive trend has emerged, marking a notable shift in the flow of institutional investments For the past few weeks, the crypto market witnessed a curious case of persistent outflows, totaling a massive $30 million last week alone However, the plot thickens as we scrutinize the finer details of these movements Veering off the usual trajectory, Bitcoin has surprisingly receded into the backdrop, making way for Ethereum to lead the outflows...

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Ripple Pushes for XRP ETF Launch as Institutional Demand Rises

Ripple Pushes for XRP ETF Launch as Institutional Demand Rises

The Drive Towards XRP ETFs: A Trailblazing Journey Cryptocurrency enthusiasts have been riding the highs and lows of the digital currency world, watching closely as the sector evolves with new developments One of the most buzzworthy topics lately has been about Exchange-Traded Funds (ETFs) and how they could potentially transform the investment landscape for crypto assets, such as XRP An intriguing statement by the Ripple President, Monica Long, has sparked considerable interest in the possibility of launching ETFs based on XRP In a candid discussion, Long emphasized the asset's enduring presence and robust trading volumes across premier exchanges as the foundational pillars that could support this innovative financial product She remarked on how XRP's position has been steadfast, carving its niche within the top echelon of traded cryptocurrencies over the years...

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