๐Ÿšจ Jupiter Asset Management sells $2.57M Ripple XRP ETP due to Irish regulatory concerns! ๐Ÿ‡ฎ๐Ÿ‡ช The London-based firm, with $65.8B in assets, had to let go of its 21Shares investment due to Ireland's UCITS fund restrictions on crypto exposure. ๐Ÿ˜ฎ

Key points:

- Jupiter's Gold & Silver Fund purchased the ETP in 2023

- Ireland & France regulators suggest UCITS can't invest in crypto assets

- UK & German UCITS funds also face crypto investment restrictions

๐Ÿค” What do you think about these regulatory barriers for crypto investments? Share your thoughts in the comments! ๐Ÿ‘‡