XRP Crypto ETF Moment – Here Is Why ARK Invest Gave XRP a Near-20% Weight

The recent development surrounding the XRP cryptocurrency exchange-traded fund (ETF) has garnered significant attention in the financial world, and there's a compelling reason why ARK Invest, a prominent investment management firm known for its focus on innovative technologies, allocated nearly 20% of its ETF portfolio to XRP. This strategic decision reflects ARK Invest's strong belief in the potential of XRP as a leading digital asset, given its unique advantages and growing adoption in the financial sector, especially in cross-border payments and decentralized finance. With institutional interest in cryptocurrencies continuing to rise, this move highlights the increasing legitimacy and mainstream acceptance of XRP, positioning it as a key player in the evolving landscape of digital currencies. source: https://blocknews.com/xrp-crypto-etf-moment-here-is-why-ark-invest-gave-xrp-a-near-20-weight/