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News  ›  GlobeNewswire Inc.

XRP Surges 7%, Marking Its Biggest Single-Day Gain in Weeks; BI DeFi Ushers in a New Era for Digital Currencies

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Not Specified
XRP Surges 7%, Marking Its Biggest Single-Day Gain in Weeks; BI DeFi Ushers in a New Era for Digital Currencies

XRP experienced a significant 7% surge, driven by the launch of two new ETFs from Franklin Templeton and Grayscale, which are now listed on NYSE Arca. The cryptocurrency saw nearly $180 million in inflows, contrasting with broader market outflows.

Insights
VYLD   neutral

Serving as a joint book-running manager for the IPO, performing a standard financial service role


MCSE   positive

Launched XRPZ ETF, contributing to XRP's market accessibility and price surge