XRP interest grows among wealth managers, Bitwise says

XRP generated more questions than any other cryptocurrency during a Bitwise presentation to approximately 400 wealth managers, research analyst Ryan Rasmussen said on Sept. 2. Summary About 400 wealth managers attended Bitwise’s presentation, where XRP generated the most audience questions overall. 67% of surveyed participants said they did not currently allocate client portfolios to cryptocurrency investments. 60% expected crypto prices to rise by year-end, according to Bitwise analyst Ryan Rasmussen’s poll. Another 60% said they planned cryptocurrency allocations within one year, although intentions may change materially. U.S. spot XRP funds ended eleven inflow sessions with approximately $7.2 million leaving September 2. Rasmussen and Bitwise chief investment officer Matt Hougan discussed Bitcoin, Solana, Hyperliquid, stablecoins and tokenization during the event. When asked about XRP afterward, Rasmussen said it was “the most asked about throughout the presentation,” adding that there was “a lot of interest.” The statement provides evidence of attention among attendees at one Bitwise event. It does not establish that XRP is the most popular cryptocurrency among wealth managers ...