📢 Attention community!
🔥 Grayscale has just submitted Form S-1 for an ETF of #XRP to the SEC.
👉 This means we could be facing an XRP Spot ETF, a regulated product that would directly track the price of XRP, similar to what we saw with Bitcoin and Ethereum.
🔎 Key details:
Name: Grayscale XRP Trust
Management fee: 2.50%
Creation/redemption mechanism: cash or in-kind (direct XRP)
Other giants like Bitwise, 21Shares, Franklin Templeton, and WisdomTree have also submitted applications.
The SEC's decision could come by the end of October 2025.
⚖️ Following the ruling in the Ripple vs SEC case (where it was determined that XRP is not a security), the door was opened for this type of ETF to finally be possible.
💡 If approved, it could be a significant step in bringing XRP to the portfolios of institutional and retail investors in a more accessible and regulated manner.
👀 What do you think?
👉 Do you believe the SEC will give the green light to the first XRP Spot ETF in the U.S.?
