Ripple announced investments in the renamed fund Bitwise Physical XRP ETP (ticker GXRP), formerly known as European XRP ETP, part of the company's range of crypto funds. Ripple CEO Brad Garlinghouse noted that the decision is due to the growing interest in crypto funds and the improvement of the regulatory environment in the United States. XRP continues to be used in the Ripple network as a native cryptocurrency for international transfers and currency exchange, despite ongoing legal proceedings with the SEC.
11/28/2024 12:31:41 PM (GMT+1)
Ripple has invested in the Bitwise Physical XRP ETP fund, emphasizing the growing interest in crypto-asset-related products and their importance for investors 🌐
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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