"It arrives as the fourth XRP ETF launch in two weeks, a pace rarely seen for altcoins and one that signals real institutional interest building. For years, XRP struggled to gain traction on advisor platforms and regulated investment channels. This listing changes that. GXRP gives institutions a regulated, straightforward path to access XRP without the hurdles of crypto custody or OTC markets, moving XRP closer to mainstream allocation."
"Converting the old trust into GXRP brings XRP into a structure that advisors already understand. This makes compliance approval simpler. Existing holders shift into the ETF without operational changes, keeping allocation steady rather than disrupting it. Grayscale's reputation carries weight in traditional finance. Its products sit in wealth platforms, multi-asset funds, and family office allocations. GXRP on the NYSE provides institutions with regulated access to daily liquidity and transparent reporting. The pairing with Coinbase Custody reduces concerns about asset handling."
Grayscale launched GXRP on the NYSE, making XRP available in an ETF format and marking the fourth XRP ETF launch within two weeks. GXRP provides institutions regulated access, cleaner reporting, daily liquidity, and fewer operational hurdles compared with custodial or OTC routes. Converting the existing trust into ETF structure aligns XRP with advisor workflows, simplifies compliance approval, and lets existing holders transition without operational disruption. Grayscale's established distribution in wealth platforms, multi-asset funds, and family offices, plus Coinbase Custody for custody, increases institutional confidence and streamlines tax, compliance, and accounting integration.
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