XRP’s Secret Sauce: $1.8M Despite Crypto Chaos!

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Oh, the whimsical world of crypto! Weiss Crypto, those clever chaps at the cryptocurrency-centered subsidiary of Weiss Ratings, have had a bit of a chinwag about XRP‘s rather astonishing resilience during the great crypto market kerfuffle. 🚀

Would you believe it? The Ripple-linked token has managed to woo an extra $1.8 million in institutional investment over the past week. Who said romance was dead? 💑

But hold onto your hats! On Monday, the folks at CoinShares spilled the beans, revealing that various digital asset investment products had suffered another week of negative outflows. Bitcoin, the once-mighty giant, saw a staggering $978 million worth of outflows – talk about a cold shoulder! ❄️ Ethereum (ETH) products also bled $176 million. Ouch! 🩹

Yet, in the midst of this bearish bedlam, XRP managed to dance merrily to a different tune with some rather impressive inflows. A true rebel! 🌟

In their latest pearl of wisdom, Weiss Crypto mused that “pockets of resilience indicate that investor interest persists beneath the surface.” Ah, the plot thickens! 🕵️

And just when you thought it couldn’t get any more exciting, earlier this month, the legendary trader John Bollinger hinted that the Ripple-linked token might just be the new kid on the block, ready to lead the market pack thanks to its overperformance. Watch out, world! 🌈

But wait, there’s more! A total of ten pending spot XRP ETF filings are lurking in the U.S. As reported by U.Today, Hashdex recently pinged the SEC to update its crypto index ETF, hoping to include various altcoins, XRP among them. What a tangled web we weave! 🕸️

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2025-03-18 23:19