Virtune XRP ETP Hits $110 Million— Is This the Beginning of an XRP Boom?

Virtune, a Swedish digital asset management firm, continues expanding in the exchange-traded products (ETP) market. Its XRP ETP has become its largest offering, holding over $110 million in assets under management (AUM).  Despite this growth, the XRP’s market has experienced volatility, with recent price declines and significant liquidations affecting sentiment. However, a mild recovery has occurred, fueled by speculation about the SEC potentially dropping its case against XRP. While bearish trends persist, ongoing regulatory discussions have sparked cautious optimism. 

Investment Boom: XRP ETP Dominates with $110M AUM

A Swedish digital asset manager firm named Virtune has also been issuing exchange-traded products or ETPs. This company has announced that its biggest exchange-traded product, an XRP ETP, has recorded more than $110 million in AUM. Virtune has 13 ETPs, which in total have brought in $275 million in assets under management or AUM. The company’s number one Virtune XRP ETP has been trading on Nasdaq Stockholm since Jul 2, 2024. Nasdaq Helsinki has also been hosting this exchange-traded product since Jan 20, 2025.

CEO of Virtune, Christopher Kock, also reacted to this development. He stated, “We are pleased to see growing investor interest in our products among retail investors, financial advisors, and various institutions.”. He also added, “ We are also excited that the Virtune XRP ETP has become our largest ETP, now serving over 50,000 investors.” This company currently provides single-asset ETPs and staking possibilities for such products. It also delivers index ETPs, which allow investors to invest in a number of cryptos. Other than XRP ETPs, Virtune also delivers Bitcoin, Ethereum, Solana, Polkadot, Avalanche, Chainlink, Polygon, Cardano, and Arbitrum ETPs.

Will XRP’s Legal Troubles End? Market Awaits SEC’s Move

This development comes as the XRP general market’s sentiment has not been very positive. This is because of the recent fall in XRP’s price, which dropped on March 3 from trading at nearly $2.90. This downturn continued till March 11, when XRP even briefly went under the $2 resistance. However, XRP has experienced 3.5% price growth today and is trading near $2.26, according to Coinmarketcap’s data. This development is attributed to the recent rumors on X that the SEC XRP lawsuit is going to be dropped.

🚨Multiple Sources Confirmed The SEC Case Against #Ripple #XRP To End Soon. pic.twitter.com/YwgqGZkuKw

— XRP CAPTAIN (@UniverseTwenty) March 13, 2025

The SEC had requested a $1.95 billion fine for XRP. Judge Torres reduced this to $125 million and banned the sale of XRP to institutional clients. However, under Trump’s administration, the SEC has been closing its legal battles against crypto companies. XRP is another one of these cases, and recently, XRP has been in negotiations with the SEC. Under the new SEC chair Chair, Mark Uyeda, this institution has also dropped cases against Coinbase, Robinhood, and Kraken. The delay in the SEC XRP lawsuit has been attributed to the negotiations for the removal of the previous ruling.

$7.84M Wiped Out: Is XRP’s Bullish Rebound Losing Steam?

However, the XRP’s bearish has not been wiped out completely, as it has seen significant liquidations over the past 24 hours. Based on the Coingalss data, XRP has had $7.84M of liquidations in the past day. Data shows that $3.72M of these liquidations have been long positions. Additionally, short liquidations have been recorded to be higher than $4.11M. This shows although the tides have been turning for the bulls, the bullish momentum is not strong yet.

XRP Price Swings Ahead? Key Trends to Keep an Eye On

XRP’s price movements will depend on SEC negotiations and broader economic trends.  Price swings may continue as regulatory battles unfold. Investors must track policy updates and market trends to make informed choices. The crypto landscape evolves rapidly, requiring careful risk assessment. Staying informed will help investors navigate potential market shifts. The ability to manage these uncertainties will determine your success in the competitive digital asset space.