Digital asset manager Grayscale is capitalizing on the major wealth transfer from the Baby Boomer generation to millennials and GenZ by launching crypto ETF products and establishing trust in the market. Grayscale has unveiled Trust products for multiple altcoins, including the recently launched US XRP Trust. Grayscale is considering converting this trust into an XRP ETF. The XRP Trust offers investors an opportunity to diversify their portfolios beyond the top two cryptocurrencies. The Grayscale XRP Trust has seen an 11.44% growth in its NAV within just two weeks of launch, indicating institutional interest. Grayscale is facing competition from players like BlackRock in the crypto ETF market.



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