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Xrp holding 2nd position


pdc123
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7 hours ago, madmatt said:

To be honest I'm not to bothered with nr 1, nr 2 or 3 etc. However last days recovery after the BTC crash (the 14th) I find impressive. The future looks bright.

The nr 1, 2 or 3 position is very important in my opinion.

Just look at the shift in funds.  BTC is usually good for 50%, ETH was usually 25 to 30% and XRP was at 5 or 6%. That is changing at most index funds, XRP rises to a share between 25 to 30%.  If XRP goes on the hunt for BTC's no. 1 position, almost no single index fund can go around XRP.

XRP will receive even more mainstream media attention. Many people outside of the cryptoworld have heard of Bitcoin, it would be great if XRP became just as well known.

Real time usage of XRP will ultimately determine the price, but an bull run is always welcome. :)  Brand recognition and position can play an important role for new retail investors in a bull run

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On 11/18/2018 at 5:29 PM, Flying-Dutchman said:

The nr 1, 2 or 3 position is very important in my opinion.

Just look at the shift in funds.  BTC is usually good for 50%, ETH was usually 25 to 30% and XRP was at 5 or 6%. That is changing at most index funds, XRP rises to a share between 25 to 30%.  If XRP goes on the hunt for BTC's no. 1 position, almost no single index fund can go around XRP.

Fair enough everyone can decide for themselves what he values the most.  Can you share info regarding the index fund mixes? It is interesting to know what how much (index) funds have invested etc. I did a superficial search and found some index funds that do not exactly use the ranking as a guide for their mix (Atomic, Crypto20, Bittwenty, Mutual Coin Capital, ) and some that do (Bitwise) . I assume you have better sources. More info is appreciated.  

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15 hours ago, madmatt said:

Fair enough everyone can decide for themselves what he values the most.  Can you share info regarding the index fund mixes? It is interesting to know what how much (index) funds have invested etc. I did a superficial search and found some index funds that do not exactly use the ranking as a guide for their mix (Atomic, Crypto20, Bittwenty, Mutual Coin Capital, ) and some that do (Bitwise) . I assume you have better sources. More info is appreciated.  

Amun / MVIS crypto fund ETP with 25% XRP in the crypto basket, it will be traded on an official exchange (SIX-Swiss)

MVIS is part of the VanEck company,. (postponed Bitcoin ETF proposal with the SEC )

https://www.amun.com/en/index/

When you scroll down you see the crypto basket

If you look at smaller funds such as Crypto20 you will see XRP ranked 9.5% , it is lower than ETH, BTC, EOS and BCH in the pdf of 30 June 2018 https://cdn.invictuscapital.com/factsheets/crypto20_201804.pdf

On the website you see the current portfolio distribution of cryptos, XRP above all others at 13.5%

https://crypto20.com/en/

 

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