GrayScale files for XRP ETF with NYSE

GrayScale Investments has been submitted to the New York Stock Exchange to offer a XRP exchange box.

This deposit aims to transform gray Current XRP confidence in ETFAllow the shares and trade on the New York Stock Exchange.

“Confidence is one of the largest investment funds in the world XRP (” “XRP”) by management assets from the date of this deposit. TRST has about $ 16.1 million of management assets, and 5 shares by American investors’ accounts seeking to be exposed to exposure XRP without the cost of buying the original directly, “Read the deposit.

Earlier on January 30, Gray also The Bitcoin Grayscale’s trading box, a new box that provides exposure to Bitcoin mining companies circulating in public under MNRS.

XRP ETF spot

The trading box for exchange is an investment box that carries assets such as stocks, commodities or cryptocurrencies and trading in stock exchanges.

XRP spot (XrpETF will provide investors direct exposure to XRP market movements without the need to keep the cryptocurrency directly.

Grayscale’s introduction is part of a wider trend for asset managers who seek to provide traded investment funds that focus on encrypted currency. Recently, gray He also presented For EtFS Solana tracking, indicating a strategic step to expand investment offers in encryption.

In September 2024, GrayScale launched the Gray XRP TRST, which provided accredited investors with XRP.