Breaking News: 19 top global banks invest a whopping €9.4 billion in crypto!
XRP Emerges Strong: Ripple's legal wins propel XRP to claim 2% of total exposure, making it the third-largest altcoin in banks' portfolios-€188 million ($205 million)!
Top 3 Players: Bitcoin (BTC) holds 31%, Ethereum (ETH) at 22%, and XRP making waves at 2%. Together, they dominate 90% of bank crypto investments!
Institutional Surge: XRP's rise fueled by institutional interest, following Ripple's legal victories and the company's expansion into dozens of countries.
Diverse Crypto Landscape: Banks not only stack BTC and ETH but also explore DOT, ADA, SOL, LTC, signaling broader acceptance of blockchain in banking.
Why XRP? Ripple's legal triumphs against SEC and expanded banking services propel XRP's institutional interest. Inflows of $0.5M highlight its growing popularity.
Institutional Inflows Soar: Overall crypto institutional inflows hit $1.32B, with digital asset products attracting $176M last week. ADA and LTC also see positive inflows!
Stay tuned for more updates as the crypto revolution reshapes the banking landscape!
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