Ripples XRP Surges in ETP Assets Under Management: Fineqia Analysis

By Cino Gaperi Aug 9, 202357Views

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Exciting Developments in the ETP Market

A recent analysis conducted by Fineqia reveals exciting developments in the realm of digital assets. Here are the key points:

Ripple’s XRP has seen exceptional performance, with a 57% increase in Assets Under Management (AUM) of Exchange Traded Products (ETPs) holding Ripple.
The favorable verdict in the SEC v. Ripple Labs case has contributed to Ripple’s surge.
Bitcoin and Ethereum dominate over 90% of the ETPs AUM, but Ripple’s rise demonstrates its emerging potential.
Other altcoins, such as Stellar, Solana, and Polygon, have also experienced growth in AUM.
Fineqia’s in-depth research provides insights into the overall ETP ecosystem, tracking 157 ETPs and collaborating with industry leaders.

Hot Take: Ripple’s recent performance and the favorable verdict in the SEC case suggest that XRP has the potential for further growth in the ETP market.

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Cino Gaperi

Cino Gaperi stands out as a prominent crypto analyst, accomplished researcher, and adept editor, making significant contributions to the field of cryptocurrency. With a strong background in crypto analysis and research, Cino's insights delve deep into the intricate aspects of digital assets, appealing to a diverse audience. His keen analytical skills are complemented by his editorial proficiency, allowing him to distill complex crypto information into easily digestible content. Cino's contributions serve as a valuable compass for both seasoned enthusiasts and newcomers, guiding them through the dynamic landscape of cryptocurrencies with well-researched perspectives. With a commitment to precision, he empowers informed decision-making within the ever-evolving crypto sphere.