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Grayscale Announced To Launch An XRP Trust Fund in The US
In a significant development for cryptocurrency, Grayscale is planning to launch the first XRP Trust fund in the U.S. The crypto asset management firm revealed this on Thursday. Also, the fund will be a “closed” fund, which means that only specific investors will be able to obtain XRP, according to Fox Business. It can therefore be expected that this new product might lead to a future XRP ETF.