coin-img-MONADMONAD+149.00%coin-img-ETHETH+1.43%coin-img-BTCBTC+0.20%coin-img-UCNUCN+0.28%coin-img-SOLSOL+0.84%coin-img-XRPXRP+1.96%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.52%coin-img-MONADMONAD+149.00%coin-img-ETHETH+1.43%coin-img-BTCBTC+0.20%coin-img-UCNUCN+0.28%coin-img-SOLSOL+0.84%coin-img-XRPXRP+1.96%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.52%coin-img-MONADMONAD+149.00%coin-img-ETHETH+1.43%coin-img-BTCBTC+0.20%coin-img-UCNUCN+0.28%coin-img-SOLSOL+0.84%coin-img-XRPXRP+1.96%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.52%coin-img-MONADMONAD+149.00%coin-img-ETHETH+1.43%coin-img-BTCBTC+0.20%coin-img-UCNUCN+0.28%coin-img-SOLSOL+0.84%coin-img-XRPXRP+1.96%coin-img-USDCUSDC+0.00%coin-img-HYPEHYPE+2.52%

Grayscale XRP Trust Launches on NYSE Arca

Grayscale Investments launched its XRP trust (ticker: GXRP) for trading on NYSE Arca on November 24, the firm announced. The product operates as an exchange-traded product holding XRP but is not registered under the Investment Company Act of 1940, meaning it lacks the regulatory protections applicable to registered ETFs and mutual funds. Grayscale noted that investing in GXRP involves significant risks, including potential loss of principal, and does not constitute direct ownership of XRP.
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