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UBS Group AG is increasing its crypto exposure by investing in XRP-focused ETFs, including the Grayscale XRP ETF and Volatility Shares XRP ETF, signaling rising institutional confidence in XRP. The $7T asset manager is also preparing to launch crypto trading (starting with Bitcoin and $ETH ) and rolling out its tokenization platform, UBS Tokenize, as it expands into global markets. $XRP has reacted positively, gaining over 3% with rising trading volume. #Macro Insights#
UBS Group AG is increasing its crypto exposure by investing in XRP-focused ETFs, including the Grayscale XRP ETF and Volatility Shares XRP ETF, signaling rising institutional confidence in XRP. The $7T asset manager is also preparing to launch crypto trading (starting with Bitcoin and $ETH ) and rolling out its tokenization platform, UBS Tokenize, as it expands into global markets. $XRP has reacted positively, gaining over 3% with rising trading volume. #Macro Insights#
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