Grayscale XRP Trust ETF (GXRP)

The Grayscale XRP Trust ETF (GXRP) is an exchange-traded product sponsored by Grayscale Investments that holds XRP, the native digital asset of the XRP Ledger.

The fund is designed to reflect the value of the XRP it holds, less expenses, giving investors exposure to the token through a conventional brokerage account without having to buy, store or secure the cryptocurrency directly. Its holdings are kept with a third-party custodian.

The product originated as a privately offered Grayscale trust before being converted into an exchange-traded fund listed on NYSE Arca. It is passive and does not use leverage or derivatives to seek returns.