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Institutional XRP Buying Continues. Here’s What Happened

Institutional XRP Buying Continues. Here’s What Happened

Photo: Times Tabloid

Institutional exposure to XRP continues to feature in regulatory filings, with Wolverine Asset Management disclosing a position in the Bitwise XRP ETF. The disclosure provides another example of how traditional investment firms are gaining exposure to XRP through regulated exchange-traded products rather than purchasing and managing the cryptocurrency directly. Crypto commentator Digital Asset Investor discussed the development in a recent video highlighting Wolverine’s reported holding of 52,522 shares in the Bitwise XRP ETF . He also referenced commentary from Bank XRP, who sees the disclosure as evidence that institutional access to XRP continues to expand.

Source: Times Tabloid

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