XRP is making headlines as soon as once more, gaining over 156% in lower than two weeks. Nevertheless, what’s attention-grabbing is that the Virtune XRP ETP has also outperformed main indices just like the OMX Stockholm 30 and even Bitcoin, additional confirming the energy of the XRP rally. Listed on Nasdaq Stockholm, the VIRXRP exchange-traded product has shortly gained consideration by outperforming Bitcoin in latest weeks.
What Is the Virtune XRP ETP (VIRXRP)?
The Virtune XRP ETP is the first-ever XRP-related ETP to be listed on the Nasdaq Stockholm change. This product gives 1:1 publicity to XRP, that means traders can make investments instantly within the digital asset with out having to carry or handle the cryptocurrency themselves.
Because the first-ever XRP-related ETP to be listed on a serious inventory change, the VIRXRP has been making headlines with its sturdy efficiency. It’s an awesome possibility for individuals who wish to profit from the potential of XRP with out the complexities of shopping for and storing the token.
XRP’s Robust Worth Rally
XRP’s surge has been pushed by a number of elements, together with rising investor curiosity, constructive market sentiment, and robust fundamentals behind the Ripple community. Though the worth has cooled barely, with XRP at present hovering round $1.13, it’s nonetheless up by a strong 86% (in final seven days) from its lows simply a few weeks in the past.
What’s attention-grabbing in regards to the Virtune XRP ETP is that it has outperformed Bitcoin throughout this rally. Whereas Bitcoin has additionally seen a constructive value motion, the VIRXRP ETP has delivered increased returns, additional supporting the rising energy of XRP as an asset.
When in comparison with Bitcoin (BTC) and the OMX Stockholm 30 index, VIRXRP has persistently outperformed, reflecting the rising curiosity in XRP and the potential for much more upside.
