BlackRock Adds XRP to Its Portfolio as Ripple’s Legal Win and RLUSD Drive Institutional Demand

TLDR: BlackRock added XRP to its portfolio after prior investments in Bitcoin and Ethereum, following its volume-first strategy. XRP ETFs recorded $178M in inflows this month while retail engagement dropped 26% in the past week. Ripple’s RLUSD stablecoin is live on XRP Ledger’s native DEX, supporting BlackRock’s tokenization ambitions. XRP trades at $1.40, down 61% [...]

The post BlackRock Adds XRP to Its Portfolio as Ripple’s Legal Win and RLUSD Drive Institutional Demand appeared first on Blockonomi.