Grayscale XRP Trust
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Bloomberg Intel Shows Five Spot Altcoin ETFs Set to List Soon as Bitcoin Loses Capital
Yahoo Finance· 2025-11-25 22:22
Core Insights - Five spot altcoin ETFs are set to launch in the coming days, coinciding with positive capital flows into major altcoins like ETH, SOL, and XRP [1] - A significant influx of altcoin ETFs is anticipated, with over 100 expected in the next six months, as analysts track more than 150 ETFs yet to be launched [2] - Bitcoin spot ETFs are experiencing negative capital flows, while altcoin ETFs are gaining momentum, capturing substantial inflows [4] Group 1 - The upcoming launch of altcoin ETFs includes the Grayscale Dogecoin ETF, Grayscale XRP Trust, Franklin XRP ETF, Bitwise DOGE ETF, and Grayscale Chainlink Trust [1] - Analysts predict a massive flow of altcoin ETFs into the market, with several XRP ETFs already performing well shortly after their launch [3] - Bitcoin's recent selloff is attributed to U.S. market conditions, including tightening liquidity and widening credit spreads, impacting its capital flows negatively [4] Group 2 - The capital flight from Bitcoin is seen as an opportunity for altcoins to better capture their network value, with specific examples like UNI, ETH, and XRP highlighted [5] - The upcoming Fusaka upgrade for ETH is expected to significantly enhance its token value capture, which has not been widely discussed [5] - There is a growing interest in staking among the community, which could alter the economic dynamics for token holders [6] Group 3 - The introduction of ETFs is believed to create a steady inflow channel that can act as a liquidity buffer, helping to mitigate recent selling pressure in the market [7] - Analysts have set year-end price predictions for ETH at $3,200, XRP at $3, and SOL at $150, indicating a potential rally [7]
Grayscale Investments® Announces Intention of Name Change and Anticipated Listing of Grayscale XRP Trust
Globenewswire· 2025-11-18 21:30
Core Points - Grayscale Investments Sponsors, LLC announced the intention to rename Grayscale XRP Trust to Grayscale XRP Trust ETF (GXRP), effective on or about November 21, 2025 [1] - The Trust's shares are expected to begin trading under the new name and symbol "GXRP" on NYSE Arca on or about November 24, 2025 [2] - The name change will not affect outstanding stock certificates, which will remain valid and do not need to be exchanged [2] Company Overview - Grayscale provides access to the digital economy through a range of investment products, having been established in 2013 with a decade of experience in digital asset investment [4] - The company is recognized for offering single asset, diversified, and thematic exposure to investors, advisors, and allocators [4]