Grayscale Files for XRP ETF, Driving Institutional Interest in Crypto Market

Grayscale’s move to file an XRP Trust ETF with the SEC marks a strategic entry into the cryptocurrency market and capitalizes on the momentum from the SEC dismissing its lawsuit against Ripple. This filing comes amidst a surge in institutional interest surrounding XRP, potentially unlocking billions of dollars in new investment flows. The prospect of SEC approval for a spot XRP ETF is driving anticipation for increased price action, with analysts predicting up to $300 billion in market access for investors, shaping the future of crypto funding.