X @BSCN

Product Launch - Grayscale launches XRP Trust ETF (GXRP) on NYSE Arca, providing exposure to XRP through a publicly traded investment vehicle [1] - GXRP previously operated as a private placement starting in September 2024 before transitioning to a public ETP [3] - The product aims to provide XRP exposure to investors through a traditional exchange-traded structure [3] XRP Ledger - XRP Ledger has processed over 4 billion transactions since its launch in 2012 [1] - XRP is required for transaction fees, liquidity operations, and as a bridge currency on the XRP Ledger [2] - XRP Ledger includes features like a decentralized exchange, token issuance, and NFT support [2] Important Note - Investment in GXRP does not constitute direct ownership of the cryptocurrency [1]