Grayscale Investments, the world’s largest digital asset-focused investment platform, announced that its new exchange-traded product (ETP) – Grayscale XRP Trust ETF (GXRP) – has started trading on NYSE Arca. This is a significant step in making XRP investments more accessible to a broader range of investors.
The GXRP ETF holds XRP but is not a direct investment, carrying higher risks due to the volatility of digital assets like XRP. The value of XRP can fluctuate greatly and may lead to significant losses for investors.
XRP (or XRPL) is the native digital asset of the XRP Ledger, which was launched in 2012 as a blockchain for fast cross-border payments and modern digital-finance use cases. As the native token, XRP plays a crucial role in facilitating transactions and providing liquidity on the XRPL network.
Grayscale’s GXRP ETF aims to provide investors with efficient tracking of XRP and exposure to its growth potential. The company has been at the forefront of bringing digital assets into the mainstream since its founding in 2013.
Source: https://www.globenewswire.com/news-release/2025/11/24/3193558/0/en/Grayscale-Investments-Launches-Grayscale-XRP-Trust-ETF-Ticker-GXRP-on-NYSE-Arca.html