Friday, September 13, 2024
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Blockchain News

Grayscale Reintroduces XRP Trust – XRP Soars 8%

In a significant boost for XRP enthusiasts and investors, Grayscale Investments has unveiled its new XRP Trust in the U.S., sparking an impressive 8% surge in the token's value. This closed-end fund is designed to provide accredited investors with direct exposure to XRP (XRP), potentially signaling the path toward a U.S. spot XRP exchange-traded fund (ETF). Grayscale's reentry into the XRP space marks a notable turnaround from 2021, when it dissolved its previous XRP Trust...