Thu. Jan 2nd, 2025

Grayscale Launches XRP Trust in US, XRP Spikes 8%

Grayscale Investments, the largest digital asset manager, has launched the Grayscale XRP Trust in the US. The trust will allow investors to gain exposure to XRP through a regulated investment vehicle. The announcement came after a period of regulatory uncertainty for XRP, which has seen its price fluctuate. Following the news, XRP’s price spiked 8% to $0.53.

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