Grayscale Files For Spot XRP ETF
In recent development, asset manager GrayScale submitted 19B-4 forms through the New York Stock Exchange to start XRP ETFs.
“GrayScale Investments has applied to the New York Stock Exchange (NYSE). Essence Record read.
This file is shortly after the company applies Litecoin and Solana ETF. In addition, GrayScale has recently launched its Bitcoin miner ETF, which is a new fund that can provide open -money mining companies that have traded public transactions under the stock MNR.
GrayScale adds asset managers including Bitwise and Wisdomtree as the potential issuer of exchange trading funds. With its XRP ETF application, GrayScale became the seventh asset manager to submit the fund’s suggestion. This file is part of Donald Trump after returning to his office, and Gary Gensler submitted to the ETF application wave for the SEC after withdrew from the commission.
It is worth noting that the company already has an XRP trust fund, and so far, it has been booming so far this year. Nasdaq said that in early January, the trust speculated the potential XRP ETF in the next 12 months.
