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XRP News Today: ETFs Hit Record Volumes as RLUSD Expands and Price Jumps 30%

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XRP News Today: ETFs Hit Record Volumes as RLUSD Expands and Price Jumps 30%
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TL;DR:

The post XRP News Today: ETFs Hit Record Volumes as RLUSD Expands and Price Jumps 30% appeared first on Coinpedia Fintech News XRP returned to center stage on Monday after a powerful mix of record-breaking ETF activity and a fresh update from RLUSD. This also came as XRP prices jumped sharply, suppo...

Key Points:

  • XRP News Today: ETFs Hit Record Volumes as RLUSD Expands and Price Jumps 30%
  • Involves XRP cryptocurrency

    • Background:

    Exchange-Traded Funds (ETFs) are investment vehicles that track cryptocurrency prices and trade on traditional stock exchanges. Bitcoin and Ethereum ETF approvals have been major milestones for crypto adoption, allowing institutional and retail investors to gain exposure without directly holding digital assets.

    Why It Matters:

    ETF approvals are significant because they provide regulated access to cryptocurrency investments for traditional finance investors, potentially bringing billions in new capital to the crypto market. They also signal regulatory acceptance and legitimization of digital assets as an investment class.