🤓Grayscale to Launch First U.S. XRP Fund

Once the fund is launched, accredited investors will be able to legally trade XRP in the form of its shares. Similar funds from Grayscale for BTC and ETH were converted into ETFs available to a wide range of investors in 2024.

💡The company is likely planning a similar move for the XRP fund in the future, if approved by regulators.

👀The XRP rate responded to the news with a sharp increase of 10%.