Digital asset manager Grayscale has filed an amended registration statement with the U.S. Securities and Exchange Commission (SEC) to launch its proposed Grayscale XRP Trust ETF. This move comes amidst growing regulatory clarity and increasing institutional interest in regulated crypto exposure. The ETF will offer investors a way to gain indirect exposure to XRP, the digital currency of Ripple Labs, without direct ownership. Grayscale plans to list the shares on NYSE Arca under the symbol ‘GXRP’, aiming to provide transparency and institutional-grade investment opportunities for XRP. Experts believe this would contribute significantly to mainstream adoption of the asset, bringing it closer to conventional finance. The filing comes as other major players in the space are also seeking regulatory approval for their own XRP ETFs, signaling a significant milestone in integrating cryptocurrencies into traditional financial systems. The SEC is currently reviewing the filings and expected to make a decision on the proposal soon.