Grayscale has submitted an application for an XRP ETF with the SEC: looking to make its XRP Trust an ETF tracked on the New York Stock Exchange. Grayscale’s Move Raises Questions About BlackRock’s Next Step The asset currently worth $16 million is the creation of Judge Analisa Torres’ decisions in
Grayscale Investments has filed with the New York Stock Exchange (NYSE) to convert its existing XRP Trust into a spot exchange-traded fund (ETF). The move aims to provide investors with direct exposure to XRP without holding the cryptocurrency. The Trust currently manages $16.1 million in XRP assets. According to the
As the year comes to a close, leading asset management company Grayscale posted a research report highlighting crypto trends for Q1 2025. It started with acknowledging the overall crypto market surge in Q4 2024 and went on to explore smart contract competition, US election influence on crypto and DeFi, use
Grayscale Investments has officially filed with the U.S. Securities and Exchange Commission (SEC) to convert its Grayscale Solana Trust (GSOL) into a spot exchange-traded fund (ETF) listed on NYSE Arca. Grayscale’s filing comes amid growing demand for cryptocurrency-based ETFs, a trend that gained momentum in early 2024 with the SEC’s
In November, Grayscale Trust Investments saw a major pump in cryptocurrency holdings, with altcoins like Stellar (XLM) and XRP showing impressive gains. Grayscale’s Crypto Portfolio According to data from Cryptorank, Grayscale portfolio grew by 85%. That in market value during the month, mainly driven by Stellar, XRP, and Decentraland (MANA).
Emory University recently reported a notable $15 million investment in the Grayscale Bitcoin Mini ETF, marking it as the first American university to publicly disclose Bitcoin holdings. According to filings with the U.S. Securities and Exchange Commission (SEC) dated October 25, Emory held 2,678,906 shares in the ETF, valued at
The race to bring more cryptocurrency-based exchange-traded funds (ETFs) to the U.S. market continues to heat up as Grayscale Investments and Canary Capital make bold moves. Grayscale, the world’s largest crypto asset manager, has filed to convert its Digital Large Cap Fund, which includes Bitcoin, Ethereum, Solana, XRP, and Avalanche,
After Grayscale announced the launch of its Grayscale Aave Trust, the price of AAVE has started to rise again. Institutional investors will have the opportunity to invest in the decentralized finance (DeFi) token via this fund. As a result, the token’s adoption will increase dramatically, which may cause more price
After experiencing a consolidation phase throughout early September, Ripple’s native cryptocurrency, XRP, has surged over 10%, reaching its August high nearing the $0.60 zone. In the past 24 hours, XRP’s price spiked by more than 8.45%, rising from a low of $0.5355 to a high of $0.5809. This jump followed
An investment trust for Avalanche has been launched by Grayscale Investment, a top crypto asset manager. The AVAX price increased by about 10% after the development, showing that investors were positively affected by the news. Conversely, it shows that the asset manager is serious about growing its digital asset investing
