Grayscale Investments has reintroduced an XRP Trust, which could be a major step toward the creation of a spot XRP exchange-traded fund (ETF) in the U.S. This trust gives accredited investors direct exposure to XRP, simplifying the process of investing in the cryptocurrency without the need to manage it personally. This marks a significant return for Grayscale, which previously dissolved its XRP Trust in 2021 after the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs, accusing it of selling XRP as an unregistered security. However, Ripple’s recent court victory has cleared much of the regulatory uncertainty surrounding XRP, paving the way for renewed interest.

Grayscale’s XRP Trust is part of its broader portfolio of single-asset investment trusts, which aim to offer structured and regulated access to cryptocurrencies for institutional and accredited investors. By creating a vehicle for direct XRP investment, Grayscale is tapping into the growing demand for cryptocurrency products that are not only accessible but also compliant with U.S. regulations. According to Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research, XRP has the potential to revolutionize global financial systems through its ability to facilitate cross-border payments in just seconds, potentially replacing slower, more expensive traditional payment methods.

The introduction of the XRP Trust could also be a precursor to a spot XRP ETF, which would further institutionalize XRP within mainstream financial markets. If a spot ETF is approved, it would allow even broader participation from retail and institutional investors, increasing liquidity and potentially stabilizing XRP’s price. This would represent a major milestone in the digital asset’s journey from a speculative cryptocurrency to a widely accepted tool for real-world use, particularly in international finance.

In the aftermath of Ripple’s legal victory and with Grayscale’s backing, XRP is positioned for significant growth, both in terms of price and institutional adoption. Grayscale’s move signals a shift in how cryptocurrencies, particularly XRP, are perceived in financial markets, and it could trigger more investments into digital currencies overall.

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