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

Covered by 1 source · 1 article

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 choosin…

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$248 Million Mutual Fund Invests in Ripple. Does It Matter for XRP?
BeInCrypto 1h ago

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

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 choosin…