2024

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 <li><strong>Grayscale’s XRP Trust reintroduction signals growing institutional interest in $XRP.</strong></li>
 <li><strong>The trust offers accredited investors unique access to crypto via net asset value shares.</strong></li>
 <li><strong>XRP Trust’s NAV rose 11.44% in a week, reflecting positive market momentum for $XRP.</strong></li>
</ul>
<p>Grayscale has brought back its XRP Trust, giving accredited investors an attractive way to gain exposure to $XRP. XRP on the XRP Ledger, has gained much recognition lately for cross-border payments.</p>
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   <p lang="en" dir="ltr">Grayscale XRP Trust is open to eligible accredited investors seeking exposure to <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a>, which powers the XRP ledger, a distributed network used for cross-border payments. <br><br>Learn more about Grayscale XRP Trust, see important disclosures, or reach out to us: <a href="https://t.co/2gq5w3Fbpj" target="_blank" rel="noopener noreferrer nofollow">https://t.co/2gq5w3Fbpj</a> <a href="https://t.co/z4l4tlP0pv" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/z4l4tlP0pv</a></p>— Grayscale (@Grayscale) <a href="https://twitter.com/Grayscale/status/1836852452236333432?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 19, 2024</a>
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<p>With the launch of the U.S. <a href="https://coinedition.com/xrp-army-questions-impact-of-ripples-acquisition-amid-xrp-lingering-price-woes/?utm_source=telegram_channel&amp;utm_medium=referral" rel="noopener noreferrer nofollow">XRP Trust</a>, Grayscale is vying for a potential XRP ETF, to add to its suite of investment products. This move fits with Grayscale’s larger goal to expand options for accredited investors in the ever-changing cryptocurrency market.</p>
<h2 class="wp-block-heading" id="h-growing-institutional-demand"><strong>Growing Institutional Demand</strong></h2>
<p>On September 15, via its X platform, Grayscale <a href="https://x.com/Grayscale/status/1836058172668494151" target="_blank" rel="noopener noreferrer nofollow">announced</a> it has reope…</p>
<p>The post <a href="https://coinedition.com/grayscales-xrp-trust-reopens-nav-per-share-surges-to-11-49/" rel="noopener noreferrer nofollow">Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Grayscale’s XRP Trust Reopens, NAV per Share Surges to $11.49

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