Grayscale Launches XRP ETF on Wall Street, Ticker GXRP

In accordance with Criptonoticias, Grayscale has launched an XRP ETF, ticker GXRP, on Wall Street on November 24, 2025. The fund, which initially targeted accredited investors, now operates as a zero-management-fee ETF, aiming to reflect the value of XRP held by the trust, net of expenses and operational liabilities. This follows the recent launches of similar XRP-based ETFs by Canary Capital and Bitwise. XRP's price has risen 1.86% in the last 24 hours but remains 45% below its all-time high of $3.65. Other ETF proposals from Franklin Templeton, 21Shares, CoinShares, and WisdomTree are also pending, signaling a growing institutional interest in the cryptocurrency.