XRP Surges Amidst Institutional Investment Surge: New ETFs Fuel Bullish Momentum

XRP has experienced a remarkable price surge of over 7% this week, driven by the launch of two new Exchange Traded Funds (ETFs) from Franklin Templeton and Grayscale on NYSE Arca. This increased institutional demand for the altcoin is fueling a positive market shift. The introduction of these regulated XRP ETFs is significantly boosting liquidity within the US markets, indicating a strategic investment rotation by traditional finance institutions amidst overall market sell-offs.