Crypto fund behemoth Grayscale Investments has filed an application with the Securities and Exchange Commission (SEC) to convert its XRP Trust into an exchange-traded fund (ETF), which will listed ...
Crypto asset manager XRP exchange-traded fund, joining a long list of companies applying for crypto ETFs to take advantage of the Trump Administration’s friendlier Bitcoin’s lesser-known relative.
The filing intended to launch what would become the world's first XRP ETF in Canada and provide investors with a regulated opportunity for long-term exposure to XRP and potential capital gains.
The Purpose Ripple ETF seeks to invest substantially “all of its assets in long-term holdings of Ripple (XRP) and to provide holders of ETF Units with the opportunity for long-term capital ...