Ethereum

<ul class="wp-block-list news-points">
 <li><strong>Ben Armstrong has predicted a bright future for XRP.</strong></li>
 <li><strong>Grayscale recently launched an XRP trust.</strong></li>
 <li><strong>Analysts believe Grayscale will convert the XRP trust to a spot ETF in the future.</strong></li>
</ul>
<p>Crypto analysts have forecasted a bright future for XRP after recent developments at Ripple. On X (formerly Twitter), they expressed their belief that XRP has institutional interest and that the “XRPArmy” will succeed. This optimism is seen as the start of a significant upward movement for Ripple.</p>
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   <p lang="en" dir="ltr">Do people understand now why I've been telling everyone that <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> has institutional interest now and <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ADA</a> simply doesn't?<br><br>This is just the beginning for big <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Ripple</a> moves. The <a href="https://twitter.com/hashtag/XRPArmy?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#XRPArmy</a> will prevail.<a href="https://t.co/FnjxsLgNiN" target="_blank" rel="noopener noreferrer nofollow">https://t.co/FnjxsLgNiN</a></p>— BitBoy (@BenArmstrongsX) <a href="https://twitter.com/BenArmstrongsX/status/1834234923722371281?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 12, 2024</a>
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<p>This positive outlook stems from the launch of an XRP trust by Grayscale, a leading US-based crypto asset manager. This new trust provides accredited investors direct access to XRP. Many in the crypto community speculate that this could lead to Grayscale launching an XRP exchange-traded fund (ETF).</p>
<p>Analysts point out that Grayscale launched Bitcoin and Ethereum ETFs earlier this year, both of which began as trust funds. Th…</p>
<p>The post <a href="https://coinedition.com/grayscales-xrp-trust-a-step-towards-mainstream-adoption-for-xrp/" rel="noopener noreferrer nofollow">Grayscale’s XRP Trust: A Step Towards Mainstream Adoption for XRP?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Grayscale’s XRP Trust: A Step Towards Mainstream Adoption for XRP?

Coin Edition

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