PANews|Nov 24, 2025 14:59
[Grayscale Launches First XRP Spot ETF GXRP, Listed on NYSE Arca Today]
According to Grayscale's official announcement, the Grayscale XRP Trust ETF (Ticker: GXRP) has officially launched on the NYSE Arca exchange today, becoming the first spot XRP ETF in the United States. GXRP is backed by XRP holdings and aims to provide investors with efficient and direct exposure to XRP. The ETF was previously introduced in September 2024 through a private placement. XRP, as the native asset on the XRP Ledger, has processed over 4 billion transactions since its launch in 2012.
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