Grayscale Launches GXRP ETF on NYSE Arca as XRP Ledger Hits 4B Transactions
Yahoo Finance·2025-11-24 23:39

Grayscale Investments has launched the Grayscale XRP Trust ETF (GXRP) on NYSE Arca. In a press release, the firm said the GXRP is structured as an exchange-traded product rather than a 1940-Act ETF, meaning it does not fall under the regulatory requirements or protections offered to registered ETFs and mutual funds. As a result, the product carries substantial risk, including the potential loss of principal. While GXRP holds XRP, it does not provide investors with direct ownership of the token itself. Kr ...