Investment products linked to XRP, the popular cryptocurrency, saw a significant increase in inflows of $15.2 million according to research by CoinShares. This is 353% higher than the previous week and brings the year-to-date total for XRP-focused ETFs to $46 million. The surge in investments is likely due to the price action of XRP, which increased more than 222% at its peak. The upcoming IPO of Ripple, the company that uses XRP in its blockchain services, may also be a contributing factor. If Ripple goes public, it could greatly benefit XRP's adoption and popularity, as it has strong utility, adoption, and regulatory status in the US.



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