Virtu Financial Holds $63 Million in XRP Amidst Market Sell-Off

Financial firm Virtu Financial recently disclosed a significant stake in XRP, holding approximately $63 million as market volatility fuels further sell-offs of the cryptocurrency. This disclosure comes alongside a record daily outflow of $260 million from prominent XRP holders, significantly impacting market dynamics and potentially influencing the upcoming launch of an XRP spot ETF. Experts suggest this shift in liquidity could signal growing institutional interest in digital assets despite the volatile market conditions.