$XRP Army On Fire As NYSE Moves To Convert Grayscale $XRP Trust Into ETF
Jan 31, 2025 · On Thursday, NYSE Arca submitted a 19b-4 filing to convert crypto-focused asset management firm Grayscale's XRP Trust into an XRP ETF, allowing Grayscale to become the latest addition to the list ...
Grayscale files for XRP ETF with NYSE as institutional demand rises
Jan 30, 2025 · Grayscale has filed an application with the SEC to convert its XRP Trust into an exchange-traded fund on NYSE Arca, joining other asset managers seeking to launch XRP investment products. According to the filing, the Grayscale XRP Trust currently manages approximately $16.1 million in assets and operates as a Delaware statutory trust .
Grayscale to List Spot XRP ETF on NYSE - Brave New Coin
Jan 30, 2025 · In the filing, Grayscale states its intention to list shares of the Grayscale XRP Trust on NYSE Arca. By converting this trust into an ETF, the company aims to give investors a more seamless...
Grayscale files for conversion of XRP Trust to a Spot ETF with the NYSE
On Jan. 30, NYSE Arca, a New York Stock Exchange subsidiary, filed the paperwork to transform Grayscale’s $16.1 million XRP Trust into a spot exchange-traded fund (ETF). According to the filing , Coinbase Custody Trust Company, LLC will act as the official custodian, while BNY Mellon Asset Servicing takes charge of administration and transfer ...
Grayscale files for conversion of XRP Trust to a Spot ETF with the NYSE
On Jan. 30, NYSE Arca, a New York Stock Exchange subsidiary, filed the paperwork to transform Grayscale's $16.1 million XRP Trust into a spot exchange-traded fund (ETF).
New York Stock Exchange Files with SEC To Convert Grayscale’s XRP …
Feb 1, 2025 · Grayscale, a crypto asset manager, believes converting the trust into an ETF “would provide other investors with a way to invest in XRP on a regulated national securities exchange,” according to NYSE Arca’s filing. The XRP trust has nearly $16.2 million worth of assets under management (AUM) at time of writing.
NYSE Arca seeks to convert Grayscale XRP Trust to ETF
Jan 31, 2025 · NYSE Arca, a subsidiary of the New York Stock Exchange, took a significant step toward converting Grayscale's XRP Trust into a spot exchange-traded fund (ETF). The move was initiated...
Grayscale Files SEC Proposal to Convert XRP Trust Into ETF
Jan 31, 2025 · Grayscale Investments has filed an application with the SEC to convert its XRP Trust into an ETF for listing on the New York Stock Exchange. The proposed ETF would continue to hold XRP as its ...
Grayscale Seeks XRP ETF Approval as Trump-Era Regulators Warm …
Jan 31, 2025 · NYSE Arca seeks to convert Grayscale’s XRP Trust into a spot ETF, with Coinbase Custody and BNY Mellon handling key roles.
Grayscale Seeks SEC Nod to Turn Ripple (XRP) Trust into an ETF
Jan 30, 2025 · Such an approval could potentially lead to increased liquidity and investor interest in XRP, as it would be one of the few cryptocurrencies available through a regulated ETF structure in the U.S.
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