XRP in Focus as Grayscale Aims to Transform GDLC Fund into Spot ETF
Grayscale, a leading asset management firm, has made a major move by filing a request with the Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund (GDLC) into a spot exchange-traded fund (ETF). Bloomberg’s ETF analyst, James Seyffart, shared the news, noting that XRP is one of the key assets in the […]
Grayscale Confirms Relaunch of XRP Trust and Highlights XRP’s Strong Performance
Grayscale Investments, a leading asset management firm, has officially confirmed the relaunch of its XRP Trust. The firm highlighted XRP’s position as the top performer among the ten largest cryptocurrencies by market capitalization. Grayscale announced on social media that the XRP Trust is now available for accredited investors seeking direct exposure to the cryptocurrency. Though […]