Here’s How Much $100 Invested In XRP Token Today Will Be Worth If Crypto Returns To All-Time Highs
The cryptocurrency XRP Token (CRYPTO: XRP) from Ripple has soared in price over the last week, with optimism coming from an XRP exchange-traded fund and news that Ripple will invest in a newly rebranded Physical XRP ETP.
While Ripple has hit new 52-week highs, the cryptocurrency remains down from all-time highs.
What Happened: Asset manager WisdomTree recently filed to establish a trust that could lead to the launch of an XRP ETF.
This move follows others like Bitwise who have already filed to launch similar ETFs. On Wednesday, Ripple announced it would invest in the new rebranded Bitwise Physical XRP ETP.
“Global demand for exposure to the crypto asset class has exploded in 2024,” Ripple CEO Brad Garlinghouse said in a statement. “XRP is at the forefront of …
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