# $XRP #Bitcoin #CryptoWealth #FamilyOffices #InvestmentStrategy #DigitalAssets #WealthProtection #ETFs #XRPAdoption #CryptoMarket
Why Are the Uber-Wealthy Switching from Bitcoin to XRP? Discover Their Strategy!
In recent trends, ultra-wealthy families are making headlines for rapidly accumulating XRP, signaling a potential shift in investment strategies. Forget news about widespread Bitcoin adoption; some affluent investors see XRP as a more viable option for long-term wealth preservation. Jake Claver, CEO of Digital Ascension Group, has been vocal about this emerging trend, revealing that his firm is engaging with family offices that are significantly allocating resources to XRP.
Claver emphasizes that XRP ownership remains remarkably limited in comparison to the global population. Currently, around 8 million wallets exist on the XRP Ledger (XRPL), with half containing fewer than 100 XRP. This scarcity makes current holders far more unique than they might realize, especially when contrasted with Bitcoin’s extensive ownership base. Claver argues that XRP is still in its early adoption phase, making it an attractive investment for those looking to hedge against economic uncertainty.
The affluent families investing in XRP are not merely seeking quick profits; they view this cryptocurrency as a form of insurance. Claver notes that these investors have already built substantial fortunes and are now looking to protect their wealth. The demand for cryptocurrencies among these families represents a strategic move to incorporate uncorrelated assets into their portfolios, especially in light of potential shocks in traditional markets.
Claver’s Bold Price Target for XRP
When discussing future price movements, Claver sets an ambitious target for XRP, predicting it could reach $10,000 by late 2026 or early 2027. This forecast hinges on the development of ecosystem infrastructure on the XRPL over the next two years. Claver believes that achieving this price will depend on the introduction of institutional-grade utilities, such as XRP treasury systems, the launch of Evernorth, on-chain borrowing mechanisms, and new amendments that enhance compliance and smart contract features.
The projected rise in XRP’s price also correlates with increasing network volume, requiring enhanced liquidity levels. Claver emphasizes that price stability in the four- to five-figure range will only be feasible if the ledger can handle large-scale financial transactions. He highlights the role of ETFs in driving supply and demand, noting that as ETF adoption increases, a significant amount of XRP will be locked away in long-term institutional products.
Currently, Spot XRP ETFs are approaching $1 billion in total net assets, with significant inflows since their launch. These funds have absorbed approximately $897.35 million worth of XRP from exchanges and over-the-counter desks without recording a single day of outflows. This growing demand reflects a notable shift among institutions, a trend recently acknowledged by Ripple’s CEO.
Brad Garlinghouse, Ripple’s CEO, has observed that institutions are beginning to engage with Ripple Prime, a platform designed to facilitate crypto investments. Previously hesitant due to regulatory concerns or risk aversion, these institutions are now stepping into the cryptocurrency space.
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As the dynamics of wealth management continue to evolve, it becomes clear that XRP is gaining traction among the elite, highlighting a significant shift in investment philosophy.
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