Institutional capital flows in the cryptocurrency market are beginning to show signs of diversification beyond bitcoin, with some analysts highlighting growing attention toward XRP as investors reposition portfolios. Market speculation has intensified around the possibility that global asset manager BlackRock could eventually pursue an XRP exchange-traded fund (ETF), a development analysts believe could significantly influence prices.
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Analyst Says XRP Price Could Double if BlackRock Files ETF Application
Institutional capital flows in the cryptocurrency market are beginning to show signs of diversification beyond bitcoin, with some analysts highlighting growing attention toward XRP as investors reposition portfolios. Market speculation has intensified around the possibility that global asset manager BlackRock could eventually pursue an XRP exchange-traded fund (ETF), a development analysts believe could significantly influence prices.