Grayscale Launches XRP Trust: Is an XRP ETF on the Horizon?

Grayscale Investments has introduced the Grayscale XRP Trust, granting accredited investors direct exposure to XRP, the native token of the XRP Ledger. The Trust operates similarly to Grayscale's other single-asset funds and is available for daily subscription to qualified investors, according to a Ripple press release. Although XRP's regulator...