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Tag Archives: Grayscale

Grayscale XRP ETF Faces SEC Review with October Deadline

The SEC’s 240-day investigation of Grayscale’s XRP ETF is currently underway. Following regulatory changes, the possibility of XRP ETF approval has increased to 81%. The United States Securities and Exchange Commission (SEC) has officially approved the Grayscale bid to reclassify its XRP Trust as an ETF based on a spot exchange-traded product. NYSE Arca filed on January 30th, initiating a 240-day review cycle before a decision must be made by October 18, 2025. The SEC approval was released in...

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Is Grayscale’s Ripple Trust the Way Toward a Spot XRP ETF in the US?

The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an exchange-traded fund of its own. XRP ETF Coming Soon? The effects for XRP were immediate as its price soared from under $0.54 to a multi-week peak of...

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