Grayscale unveils fund backed by @Ripple’s XRP.

The new fund is a private equity fund with a minimum entry ticket of $25,000-$50,000 💰 and a minimum holding period of 6-12 months.

The management fee is 2.5%.

Rayhaneh Sharif-Askary, Head of Product and Research at @Grayscale, expresses optimism about Ripple, highlighting $XRP’s potential to transform existing financial infrastructure 🏦