XRP ETF Net Assets Hit All-Time High Of $1.77 Billion, Up 80% In Q3
XRP ETF net assets reached an all-time high of $1.77 billion after rising 80% in the third quarter. Matt Hougan also described two reasons he says financial advisors are buying XRP, with the remarks coming after that quarterly increase.
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Financial advisors and institutional buyers are the group most directly visible in this move, because the activity described is tied to their purchases of XRP-linked ETFs. The immediate effect is a larger pool of ETF net assets, which stood at a record $1.77 billion on September 25.
What changes in practice is that XRP ETF demand is being described in terms of advisor buying and institutional appetite rather than short-term price focus. What stays the same is that the figures only show net assets and the reasons given for buying; they do not show any decision beyond the ETF flows themselves.
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Where this sits in the XRP series
| When | What happened | Figure |
|---|---|---|
| 22 days ago | XRP a 1.62 $ high | today it sits -19.1 % from there |
| today | XRP a 1.29 $ low | today it sits +1.6 % from there |
From what we have stored, starting 22 days ago.