Back to the list XRP price rises on ETF inflows: is a breakout above $1.13 now likely? invezz.com 25 m | Bitget crypto news!
- XRP price is showing signs of recovery driven by steady ETF inflows and the launch of Aviva Investors' tokenized fund on the XRP Ledger.
- Despite positive developments like institutional adoption and a tokenized fund offering exposure to short-term US dollar debt, regulatory uncertainty in the US remains a concern.
- Technical analysis suggests XRP is consolidating within a range, with a decisive break above $1.13 needed to signal a sustained rally, while short liquidations are concentrated around $1.09-$1.10.
Topics: Asset types, Institutional adoption, Blockchain usage, Financial instruments, Asset manager initiatives, Ethereum evm l 1 s
Tags: #xrp #etfinflows #tokenizedfund #xrpledger #avivainvestors #usliquidityfund #secures #bnymellon #clarityact #regulatoryuncertainty