🚀 Big news in the crypto world! Grayscale is launching an XRP Trust, potentially paving the way for a spot XRP ETF in the U.S.! 🎉
This closed-end fund will give accredited investors direct exposure to XRP. Grayscale had previously dissolved its XRP Trust in 2021 due to the SEC's lawsuit against Ripple Labs. But with Ripple's recent court victory, regulatory hurdles are now cleared!
Grayscale’s Head of Product & Research, Rayhaneh Sharif-Askary, highlighted XRP's potential to revolutionize cross-border payments. XRP spiked 8% on the news! What do you think about this move? Share your thoughts below! #Crypto #XRP #Grayscale