As prominent market figures have observed, the rise in institutional demand for Ripple’s XRP, the 4th most valuable cryptocurrency by market cap, could catalyze a much-needed XRP price rally.
Institutional players appear to have a fixed gaze on the altcoin, with more than 10 asset managers filing for an XRP-based ETF.
Notably, Bitwise Asset Management, a firm with over $5 billion in assets under management (AUM), was the first to file for an X...