Grayscale, the world's largest digital asset manager, has added #XRP to its Digital Large Cap fund, it is a positive development for the coin. The fund, which is worth more than $40 billion, is one of the largest in the cryptocurrency market. The addition of $XRP means the fund will now have to buy more coins from the network, which could boost the price.

Additionally, the addition of $XRP to Grayscale's fund could help increase the coin's visibility. The fund is closely followed by institutional investors, who could see the addition of $XRP as a sign that the coin is a solid investment.

Specifically, the impact of the news could manifest itself in the following ways:

*Increased demand for #XRP: The addition of #XRP to the Grayscale fund means that the fund will have to purchase more coins from the network. This could increase the demand for #XRP and, consequently, its price.

*Increased visibility of XRP: Grayscale's fund is closely followed by institutional investors. The addition of XRP to the fund could help increase the visibility of the coin and, consequently, its price.

*Reducing XRP volatility: Adding XRP to the Grayscale fund could help reduce the volatility of the coin. This is because the fund will act as a buyer of last resort, which could help stabilize the price of #XRP .