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Ripple Q3 Report Sees Institutional Interest in XRP ETFs Rising

  • 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.

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