🚨 Jupiter Asset Management sells $2.57M Ripple XRP ETP due to Irish regulatory concerns! 🇮🇪 The London-based firm, with $65.8B in assets, had to let go of its 21Shares investment due to Ireland's UCITS fund restrictions on crypto exposure. 😮
Key points:
- Jupiter's Gold & Silver Fund purchased the ETP in 2023
- Ireland & France regulators suggest UCITS can't invest in crypto assets
- UK & German UCITS funds also face crypto investment restrictions
🤔 What do you think about these regulatory barriers for crypto investments? Share your thoughts in the comments! 👇