XRP is emerging as a significant asset in institutional portfolios, with Bitwise CIO Matt Hougan highlighting its longevity and utility as a "Mount Rushmore" asset. Steven McClurg of Canary Capital describes XRP as the "easiest buy" for Wall Street, emphasizing its integration into global financial systems. Ripple's David Schwartz underscores the XRP Ledger's role as a neutral bridge for multi-asset transfers, enhancing its appeal in capital markets. The growing institutional interest in digital infrastructure is further boosting XRP's prominence.
XRP Gains Institutional Traction as Key Asset Amid ETF Developments
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