CNBC Highlights $XRP: Hundreds of Millions USD Have Poured In

XRP has once again made waves, this time in the institutional investment community. In a recent segment on CNBC shared by cryptocurrency commentator Xaif, attention has focused on the increasing popularity of XRP among fund managers and investors. Sal Gilbertie, the Chairman and CEO of 2Cream Trading, revealed that the newly launched leveraged XRP derivatives fund has attracted "hundreds of millions of dollars," making it the most successful fund in the 16-year history of the company. In a conversation with CNBC's Dom Chiu, Gilbertie explained that although 2Cream Trading previously focused on agriculture-related ETFs, the company has shifted towards cryptocurrency after witnessing the remarkable growth of XRP. "They call it the XRP Army," he said. "And I understand why."

XRP Fund Breaks Record Launched just 16 weeks ago, this fund, traded under the ticker XXRP, offers leveraged investment opportunities in XRP through derivative products, rather than holding the asset directly. According to Gilbertie, the product has immediately exploded, attracting unprecedented investment demand. "We have never seen a reaction like this," he said, noting the scale and speed of the influx of capital. While cryptocurrency ETFs primarily focus on Bitcoin and Ethereum, this fund marks a significant expansion into alternative digital assets. Gilbertie, a public XRP enthusiast, stated that the company had previously applied for a license for a Bitcoin product but chose XRP derivative products for this initiative due to its strong applicability and dedicated community. "Our investors want leverage," he added. "We have provided a means for them to access XRP in a way that aligns with their strategies." The Benefits of Organizations and Market Trust This development occurs against the backdrop of increasing institutional confidence in XRP, even as regulatory uncertainties persist. Despite the ongoing legal disputes between Ripple and the (SEC), the resounding success of this fund indicates that many investors are betting on the long-term viability and practical application of XRP, especially in the global payments sector. Gilbert compares the cryptocurrency market today to the early days of the Internet. "This is the Internet of the 1990s," he said. "A major change is coming." Instead of trying to guess the "next big coin," he urges investors to pay attention to how blockchain technology is transforming entire industries. The Moment of Decision for XRP The CNBC article appears at a more symbolic time than ever, as more and more organizations are pouring money into XRP-focused financial products, with this cryptocurrency gradually shedding its speculative reputation and stepping into a new role as a key player in the modern financial sector. Xaif's viral post has attracted more attention to the broadcast program, considering it as evidence that XRP "is not just a currency, but a movement." As regulatory clarity increases and financial innovation accelerates, the expanding footprint of XRP in the ETF world may just be the beginning of a much larger change.