Grayscale’s XRP Trust ETF, ticker GXRP, officially debuted on the NYSE Arca today, marking the latest step in bringing XRP to institutional investors through a regulated product.
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The launch comes amid heightened market interest in altcoin ETFs, with early trading volumes showing strong demand despite a slight dip in XRP’s spot price to around $2.08.
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This move positions Grayscale as a key player in expanding crypto exposure on traditional markets, potentially paving the way for broader adoption of Ripple’s token in global finance.
⠀
The launch comes amid heightened market interest in altcoin ETFs, with early trading volumes showing strong demand despite a slight dip in XRP’s spot price to around $2.08.
⠀
This move positions Grayscale as a key player in expanding crypto exposure on traditional markets, potentially paving the way for broader adoption of Ripple’s token in global finance.
Grayscale’s XRP Trust ETF, ticker GXRP, officially debuted on the NYSE Arca today, marking the latest step in bringing XRP to institutional investors through a regulated product.
⠀
The launch comes amid heightened market interest in altcoin ETFs, with early trading volumes showing strong demand despite a slight dip in XRP’s spot price to around $2.08.
⠀
This move positions Grayscale as a key player in expanding crypto exposure on traditional markets, potentially paving the way for broader adoption of Ripple’s token in global finance.
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