Currently, ETFs issued by providers including Canary, Bitwise, and Grayscale have locked in 837.78 million XRP, indicating that despite XRP's recent price hovering around $2.05, institutional investors are still actively accumulating. On-chain analyst Arthur emphasized this trend, noting that XRP's net inflow this week alone reached 22.63 million tokens, in stark contrast to retail investors' hesitance. Ripple continues to expand its regulatory footprint in Europe, having received preliminary authorization for a Luxembourg electronic money license.

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