Grayscale Makes Significant Move Regarding XRP

Grayscale's Filing: Grayscale has submitted a new Form S-1 to the SEC for its Grayscale XRP Trust, aiming to secure approval for a spot XRP ETF.

Regulatory Developments: Recent months have seen significant regulatory changes from the SEC, including updated disclosure requirements and approval of in-kind creations for crypto ETFs.

Future of Spot XRP ETFs: The SEC has extended review periods for various crypto ETF filings, including those for XRP, with decisions expected by October 2025.

Implications of Approval: If approved, Grayscale’s XRP Trust would enhance access to XRP for institutional investors through regulated markets, potentially increasing participation in traditional investment channels.