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XRP Enters CTX Fund With 4.41% Weight as XRP Price Action Signals Reversal

XRP Enters CTX Fund With 4.41% Weight as XRP Price Action Signals Reversal

Photo: TronWeekly

XRP has qualified for inclusion in the CTX crypto index-based fund, receiving a 4.36% index weight and a slightly higher 4.41% fund allocation after additional screening. The development places XRP among the assets selected for the investment product, which reduces a broader basket of 36 cryptocurrencies to 24 holdings. Meanwhile, the XRP price remains at a technical decision point as traders monitor whether the token can hold above a previously broken trendline. The fund allocation adds an investment-product development to the market outlook but does not guarantee fresh inflows or a price recovery.

Source: TronWeekly

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