$248 Million Mutual Fund Invests in Ripple. Does It Matter for XRP?

AI Summary Kinetics Internet Portfolio, a mutual fund with $248 million in assets, disclosed a direct equity stake in Ripple Labs itself rather than in XRP, according to a newly filed SEC report. The distinction matters. Institutional money is choosing Ripple, the company, over XRP, the token. What the SEC Filing Actually Shows Form NPORT-P is the The post $248 Million Mutual Fund Invests in Ripple. Does It Matter for XRP? appeared first on BeInCrypto . fulltext: 446 chars | fulltext source: rss-fallback | summary method: extractive Original: https://beincrypto.com/kinetics-fund-ripple-stake-xrp-sec-filing/ Source: BeInCrypto