Back in July, Grayscale released a report which was detailing the capital distribution among the core products that it has. According to the report, in the first half of this year, 56% of investments came from institutions which had large amounts of capital.
After institutional investors, the company’s largest groups of investors are the following: accredited individuals (20%), retirement accounts (16%) and family offices (8%.)
XRP is staying strong in a falling market
November 19 probably marked the worst day for the crypto markets so far this year.
Bitcoin dropped like never before, Ethereum, and Bitcoin Cash fell as well, along with all significant cryptos.
Ripple’s digital asset XRP seems more successful than ever these days.
The host of CNBC’s Crypto Trader Ran Neu-Ner believes that “at this rate, XRP will be in the number 1 spot by Friday,” via CryptoGlobe.
Neu-Ner also showed the results of a poll that he conducted just recently which was asking his followers if they were to receive a gift of $10,000 that they had to keep for ten years, in what form they would choose to accept it.
The results of this poll really surprised me – they show we really have a big problem in Crypto. I REALLY thought American Airlines miles would do way better!!! pic.twitter.com/9HsKaFr7Zx