An investor who bought XRP via the Canary XRP ETF is strongly considering selling despite multiple positive catalysts. Five spot XRP ETFs now trade in the U.S. with $1.4 billion in net inflows, tokenized assets on the XRP Ledger grew from $118 million to $384 million, and JPMorgan is piloting tokenized Treasuries on the chain. Yet XRP is down 47% in the last 12 months, leading the investor to conclude the problem may be the asset's design.
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Grayscale Ethereum Staking ETF Lost 47% in Six Months
Summary by ByteBrief