A fresh survey dropped some big news for crypto fans on March 24. It shows that big-money players, like hedge funds and asset managers, are getting more comfortable with digital currencies. The post on X by SMQKE (@SMQKEDQG) highlights a growing love for Ripple (XRP) among these investors.
With a reasonable percentage of them already holding Bitcoin and Ethereum, many are now branching out to altcoins like Ripple. This shift is a sign that crypto is becoming a serious part of their portfolios.
Most Investors Stick to a Few Coins
The survey paints a clear picture. Out of all the investors surveyed, 73% hold Bitcoin and Ethereum. That’s no surprise—they’re the big names in crypto. But here’s the interesting part: most of these folks only add one or two other coins to their mix. XRP is a top pick among those extras. This isn’t a wild shopping spree. It’s a careful move.
Investors are dipping their toes into altcoins but not going overboard. Ripple’s appeal likely comes from its real-world use in cross-border payments. It’s a coin that solves actual problems for banks and financial companies.
Ripple ETPs Are the New Hot Ticket
Here’s where things get exciting. The survey shows investors are hungry for Ripple through Exchange-Traded Products or ETPs. About 37% prefer these regulated options for getting into crypto.
Another chart in the X post says 42% are likely to buy spot altcoin ETPs, while 38% are on the fence. Only 20% said no way. Why the trend? ETPs are a safer bet for big investors. They’re regulated, familiar, and less risky than holding coins directly.
This trend isn’t just about XRP. It’s part of a bigger wave where investors want crypto wrapped in traditional financial packaging. Spot ETPs for altcoins are gaining steam, and Ripple is riding that wave.
The Bigger Picture: Crypto Goes Mainstream
This isn’t just about XRP—it’s a sign of crypto growing up. Big players like BlackRock are jumping in, integrating Bitcoin ETPs into their portfolios. That’s a huge deal. It shows crypto is no longer the Wild West. It’s becoming a legit part of the financial world.
The X post also hints at regulatory shifts, like the SEC possibly classifying XRP as a commodity. That kind of clarity makes investors more confident. With more institutions joining the party, the market could see better liquidity and stability.
XRP stands to gain a lot here. Its focus on payments and partnerships with banks makes it a natural fit for this new era. The survey suggests that 72% of investors might increase their crypto holdings soon. That’s a big green light for the future.
Simply put, institutional investors are warming up to crypto in a big way. They’re not just sticking to BTC and Ether anymore. Altcoins like XRP are getting serious attention, especially through ETPs. This could mean more stability and growth for the market. For XRP, it’s a chance to shine as a go-to coin for big money. If you’re watching the crypto space, this is a trend worth keeping an eye on.
