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Grayscale’s XRP ETF Holds Over 6 Million Tokens Worth $11.6 Million

The crypto asset manager reports its ETF assets are stored under Coinbase Custody, with 310,100 shares outstanding.

XRP

Summary

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Terms & Concepts
  • XRP ETF: An exchange-traded fund providing indirect exposure to XRP, a cryptocurrency used for cross-border payments.
  • Coinbase Custody: A secure cryptocurrency storage service operated by Coinbase, designed for institutional investors.