Grayscale Launches First U.S. XRP Trust, Paving the Way for …

Sep 12, 2024 · Grayscale’s launch of the first U.S. XRP Trust is a major milestone in the evolving crypto market. With two of its single-asset trusts—Bitcoin and Ether—already converted into …

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Grayscale's XRP Trust Launch Ignites 8% Increase And ETF Speculation

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Sep 12, 2024 · Grayscale has introduced a new crypto investment trust fund for XRP, according to a Sept. 12 statement.. Following the news, XRP’s value surged by 8%, reaching a multi …

cryptoslate.com

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Grayscale Unveils First XRP Trust In The US, ETF Ahead?

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Sep 12, 2024 · Grayscale, a leading cryptocurrency asset manager, unveiled the first XRP trust in the US, propelling the token’s price by 8% to $0.57 at press time.XRP Trust Announced, Is …

tradingview.com

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XRP And Solana ETFs Could Draw $14 Billion In Capital, JPMorgan …

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10 hours ago · XRP is the native token of the XRP Ledger, an open-source blockchain. It is used by the Ripple payment network to facilitate cross-border transactions and is designed to act as …

yahoo.com

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XRP News: Ripple ETF Launch Bet Soars Sparking Optimism

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Jan 3, 2025 · In latest XRP news, Polymarket data showed that there is a 70% chance of Ripple ETF launch in 2025. XRP price jumped more than 3% today, indicating the growing market …

coingape.com

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#MicroStrategy Hits 446,400 BTC Despite Stock Slump - YouTube

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MicroStrategy now holds 446,400 BTC worth $42B, doubling down on its Bitcoin strategy even as MSTR stock drops 36% from its all-time high. Will Saylor’s bold...

youtube.com

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#Bitcoin Breaks $100K In A Game-Changing 2024 - YouTube

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2024 was huge for crypto. Bitcoin hit $100K, ETFs brought billions, and meme coins plus AI-driven platforms like Pump.Fun stole the spotlight. With Bitcoin h...

youtube.com

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Developers Land $52.5M Construction Loan For The Braddock At …

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Mar 7, 2023 · Sanz Management has closed on $52.5 million to complete The Braddock, a 135-unit rental property in North Bergen, New Jersey.The development site is located at 8619 …

newyorkyimby.com

FAQs about Grayscale Launches First U.S. XRP Trust, Paving the Way for … Coupon?

Is grayscale XRP an ETF?

Grayscale will launch the first US-based XRP trust, offering direct exposure to eligible investors. The trust could transition into an ETF, pending SEC approval, expanding XRP's investment options. Unlike ETFs, trusts have lighter regulations, targeting select investors with a simpler approval process. ...

Is grayscale launching an XRP Trust?

Grayscale has officially launched an XRP Trust, potentially paving the way for an XRP ETF. This marks a monumental step forward, especially given the XRP community’s long-standing legal battles with the SEC. The launch of this trust could signal broader adoption and mainstream recognition of XRP as a legitimate investment vehicle. ...

Is grayscale XRP a good investment?

Grayscale’s launch of an XRP Trust signals a significant development for the crypto market, paving the way for a potential XRP ETF. This follows XRP’s legal victory over the SEC, positioning it as a leading candidate for institutional investment products. ...

Is grayscale launching a GBTC of XRP?

Both the Grayscale Bitcoin Trust ETF (GBTC) and Grayscale Ethereum Trust (ETHE) are conversions from previously existing trusts, inviting speculation that the XRP-based product could travel a similar path. "Grayscale launching a GBTC of XRP. It's like Deja vu all over again," quipped Bloomberg Senior ETF Analyst Eric Balchunas in a tweet Thursday. ...

Are XRP trusts better than ETFs?

Unlike ETFs, trusts have lighter regulations, targeting select investors with a simpler approval process. Asset management firm Grayscale is set to launch the first US-based XRP trust, opening the door for a possible exchange-traded fund (ETF). The fund will offer eligible investors direct exposure to Ripple’s native token. ...

What is XRP trust & how does it work?

The XRP trust is available through Grayscale traditional private placement, mirroring the structure of Grayscale’s other investment products. Grayscale previously offered a closed-end trust but ended it in January 2021 after the U.S. Securities and Exchange Commission sued XRP issuer Ripple Labs, alleging the token was a security under Federal law. ...