Ripple Q3 2024 report confirms XRP’s non-security status and highlights growing institutional interest in XRP-focused ETFs and trusts.
Growing institutional interest in XRP is shown through filings for XRP-oriented ETFs by investment firms like Bitwise, Canary, and 21Shares.
Global economic shifts, including central banks implementing accommodating monetary policies, have positively impacted the cryptocurrency market, including XRP.
Throughout Q3 2024, XRP's trading volumes remained strong, with price swings driving increased market volatility.