Grayscale Launches XRP Trust ETF With Brokerage Access to XRP
The product, named XRP Trust ETF, is presented as a brokerage-access vehicle tied to XRP, described in the source as the world’s third-largest digital asset.
XRP
Summary
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Terms & Concepts
XRP: A digital asset associated with the XRP Ledger, a blockchain network designed for payments and value transfer.
ETF: An exchange-traded fund is an investment product that can be bought and sold through brokerage accounts.
Brokerage access: The ability for investors to gain exposure to an asset through a broker rather than by directly holding it.