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Grayscale Investments Launches Grayscale XRP Trust ETF (Ticker: GXRP) on NYSE Arca
Globenewswire· 2025-11-24 14:00
One of the oldest and most resilient public blockchains, the XRP Ledger has processed more than 4 billion transactions since its 2012 debutSTAMFORD, Conn., Nov. 24, 2025 (GLOBE NEWSWIRE) -- Grayscale Investments®, the world’s largest digital asset-focused investment platform*, today announced that Grayscale XRP Trust ETF (Ticker: GXRP) has begun trading on NYSE Arca as an ETP. GXRP, an exchange traded product, is not registered under the Investment Company Act of 1940 (the “40 Act”) and therefore is not sub ...
Grayscale’s Dogecoin and XRP ETFs Set for NYSE Debut on November 24
Yahoo Finance· 2025-11-22 18:26
Core Insights - Grayscale is set to launch new exchange-traded fund (ETF) products linked to Dogecoin and XRP on November 24, following approval to list these products on the New York Stock Exchange [1][2] - The Grayscale Dogecoin Trust ETF (GDOG) and Grayscale XRP Trust ETF (GXRP) will be spot ETPs that hold their respective underlying tokens, marking a significant liquidity event for current investors [2][3] - The launch of GDOG and GXRP expands the range of crypto ETFs available in the US, moving beyond the initial focus on Bitcoin and Ethereum products [4] Company Developments - Grayscale is converting its existing private trusts into fully listed ETFs, which is expected to attract significant investor interest [2] - The GXRP ETF will enter a competitive market that already includes products from Canary Capital and Bitwise, which have seen combined inflows of approximately $422 million in their first two weeks of trading [2][3] - GDOG will be among the first Dogecoin ETFs available to US investors, capitalizing on Dogecoin's popularity and retail following [3] Industry Trends - The launch of these ETFs reflects a broader shift in regulatory conditions under SEC Chairman Paul Atkins, who is moving towards a disclosure-focused framework for digital assets [5] - The SEC's "Project Crypto" initiative indicates a willingness to review compliant digital asset products, facilitating the listing of new ETFs [5] - Analysts predict that GDOG could attract as much as $11 million in trading volume on its first day, highlighting strong market interest [4]
Grayscale Investments® Announces Intention of Name Change and Anticipated Listing of Grayscale XRP Trust
Globenewswire· 2025-11-18 21:30
STAMFORD, Conn., Nov. 18, 2025 (GLOBE NEWSWIRE) -- On November 18, 2025, Grayscale Investments Sponsors, LLC, the sponsor (the “Sponsor”) of Grayscale XRP Trust (the “Trust”) announced its intention to change the name of the Trust to Grayscale XRP Trust ETF or GXRP, effective on or about November 21, 2025. In connection with the name change, the Sponsor plans to amend the Amended and Restated Declaration of Trust and Trust Agreement, dated as of August 14, 2024, as may be further amended from time to time, ...