COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Crypto Investment Products Attract Significant Interest and See Record Inflows
Share
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Crypto Tracker App
  • Bitcoin
  • Altcoin
  • Ethereum
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Ripple (XRP) > Crypto Investment Products Attract Significant Interest and See Record Inflows
Ripple (XRP)

Crypto Investment Products Attract Significant Interest and See Record Inflows

In Brief

  • Crypto investment products recorded significant inflows, reaching $3.2 billion last week.

  • Analysts predict XRP's price will exceed $3 amidst positive market developments.

  • Institutional interest and regulatory changes are boosting confidence in Ripple and XRP.

Fatih Uçar
Fatih Uçar 1 year ago
Share
SHARE

Crypto asset investment products continued to attract strong interest from institutional and individual investors, recording a net inflow of $3.2 billion last week. This marked the tenth consecutive week of inflows. Notably, XRP experienced a record purchase, increasing from $134.3 million the previous week to $145.8 million.

Contents
Institutional Interest and ETF ExpectationsXRP Price Predictions

Institutional Interest and ETF Expectations

Following the crypto-friendly policies of the Trump administration and the resignation of SEC Chairman Gary Gensler, the likelihood of an XRP ETF launch in the U.S. has significantly increased. Companies like Bitwise, 21Shares, Canary Capital, and WisdomTree have submitted applications to the SEC for approval.

The crypto community remains optimistic about the potential conclusion of the case between Ripple $1 and the SEC following Gensler’s departure. The government agency will submit its main petition by January 15. Ripple CLO Stuart Alderoty noted that Gensler might bring flawed arguments from the Binance case to Ripple’s situation as well.

XRP Price Predictions

Popular analysts expect XRP’s price to exceed $3 due to developments such as Ripple’s upcoming RLUSD stablecoin launch. CrediBULL Crypto stated, “XRP’s structure looks very clean and suitable for an upward trend,” predicting the price could easily reach $5 by 2025.

Crypto Tony suggested, based on Elliott Wave analysis, that XRP has rebounded from $2.91 and is under upward pressure towards $3 on a weekly timeframe.

Whale Alert reported a transfer of $1.92 billion worth of XRP from Binance to an unknown wallet, affirming the confidence of whales in Ripple’s native coin.

Currently, XRP is trading at $2.48, reflecting a 3% rise over the last 24 hours, with prices ranging from $2.34 to $2.58. Developments involving Ripple and XRP appear to bolster investor confidence, with ongoing regulatory advancements and institutional interest leading investors to believe in potential value gains for XRP.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

XRP holds steady at $1.41 after 300-day squeeze

Sharp moves in ZEC and XRP as crypto markets brace for more drops

XRP jumps 30 percent as ETF inflows hit $81.6M

XRP spot ETF assets reach $1.11 billion record

XRP ETF assets in US hit $1.11 billion record

Fatih Uçar 17 December, 2024 - 5:14 am 17 December, 2024 - 5:14 am
Share This Article
Facebook Twitter
Share
Previous Article Semler Scientific Enhances Financial Strategy with Bitcoin Investments
Next Article Ripple’s New Stablecoin RLUSD Attracts Significant Demand Before Launch
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Arbitrum’s $71 million in ETH cleared for Aave transfer
Cryptocurrency Law Ethereum (ETH)
TeraWulf’s AI hosting revenue hits $21 million, tops BTC mining
Bitcoin (BTC)
Exodus unveils XO Cash for instant stablecoin AI payments
Solana (SOL)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
COINTURK NEWS 2026
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?