Grayscale began public trading of its XRP ETF, GXRP, on NYSE Arca. The company confirmed the development in a press release. GXRP offers investors exposure to XRP through a regulated exchange-traded product. Grayscale XRP ETF Begins Trading as GXRP: Grayscale listed GXRP as an exchange-traded product, not a traditional ETF under the Investment Company Act of 1940. This structure allows for different regulatory oversight and investment mechanics than those of mutual funds and standard ETFs. {tweet} Krista Lynch, Head of ETF Capital Markets at Grayscale, stated GXRP offers “simple and efficient” exposure to XRP. She ... (full story)