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Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49


by CoinEdition
Grayscale Reintroduces XRP Trust for Accredited Investors
  • Grayscale’s XRP Trust reintroduction signals growing institutional interest in $XRP.
  • The trust offers accredited investors unique access to crypto via net asset value shares.
  • XRP Trust’s NAV rose 11.44% in a week, reflecting positive market momentum for $XRP.

Grayscale has brought back its XRP Trust, giving accredited investors an attractive way to gain exposure to $XRP. XRP on the XRP Ledger, has gained much recognition lately for cross-border payments.

With the launch of the U.S. XRP Trust, Grayscale is vying for a potential XRP ETF, to add to its suite of investment products. This move fits with Grayscale’s larger goal to expand options for accredited investors in the ever-changing cryptocurrency market.

Growing Institutional Demand

On September 15, via its X platform, Grayscale announced it has reope…

The post Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token

Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token

Grayscale has officially launched the Grayscale Space and Time Trust, creating a regu...
XRP Echoes Bullish Pattern That Came Ahead of BTC Price Breakout to $100K

XRP Echoes Bullish Pattern That Came Ahead of BTC Price Breakout to $100K

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Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49


by CoinEdition
Grayscale Reintroduces XRP Trust for Accredited Investors
  • Grayscale’s XRP Trust reintroduction signals growing institutional interest in $XRP.
  • The trust offers accredited investors unique access to crypto via net asset value shares.
  • XRP Trust’s NAV rose 11.44% in a week, reflecting positive market momentum for $XRP.

Grayscale has brought back its XRP Trust, giving accredited investors an attractive way to gain exposure to $XRP. XRP on the XRP Ledger, has gained much recognition lately for cross-border payments.

With the launch of the U.S. XRP Trust, Grayscale is vying for a potential XRP ETF, to add to its suite of investment products. This move fits with Grayscale’s larger goal to expand options for accredited investors in the ever-changing cryptocurrency market.

Growing Institutional Demand

On September 15, via its X platform, Grayscale announced it has reope…

The post Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49 appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token

Grayscale Launches Trust for Microsoft-Backed Space and Time (SXT) Token

Grayscale has officially launched the Grayscale Space and Time Trust, creating a regu...
XRP Echoes Bullish Pattern That Came Ahead of BTC Price Breakout to $100K

XRP Echoes Bullish Pattern That Came Ahead of BTC Price Breakout to $100K

The current XRP market situation mirrors bitcoin's chart before its late 2024 surge f...