Been looking at some recent XRP data and found it interesting. XRP focused ETFs are reportedly holding around $1.1B in assets, with roughly 800M XRP kept in custody. That suggests some investors prefer getting exposure through funds instead of buying directly.
At the same time, a fintech company in Tokyo launched a trade finance platform on the XRP Ledger apparently independent from Ripple. That could mean more real usage of the network beyond trading.
Not saying it means anything big yet but it’s interesting to see both institutional flows and development activity happening at once.
Do you think this kind of adoption actually changes the long-term outlook for $XRP ?