Digital asset manager Grayscale has reopened private placement offerings for various cryptocurrency trusts, including XRP. Accredited investors can now subscribe to shares of 18 crypto trusts, allowing them to obtain exposure to digital assets without managing tokens themselves. The shares are subject to a one-year holding period. The reintroduction of the Grayscale XRP Trust has boosted sentiment around XRP, potentially paving the way for an XRP ETF. The trust offers a secure and convenient way to invest in XRP, with a NAV per share of $11.77 as of September 17.
- Content Editor ( thecryptobasic.com )
- 2024-09-18
Grayscale XRP Trust Now Open for Eligible Accredited Investors