Grayscale launches new #XRP closed-end fund, token jumps 8%
#TipsTradingFutures #hacker #news_update #topsignal #XRPUSDT🚨
Grayscale said Thursday it's planning to launch an "closed-end" fund that will allow investors to gain exposure to the popular token. The firm once managed an XRP fund it then shut down in 2021 after the U.S.
Securities and Exchange Commission sued Ripple and argued that the digital asset XRP is a security under U.S. law. Ripple, which utilizes XRP, the native asset of the XRP Ledger, is the company most closely associated with the token.
