02.07.2025 05:40

XRP, the cryptocurrency at the center of a protracted legal battle with the Securities and Exchange Commission (SEC), has achieved a significant milestone. Its inclusion in Grayscale's newly launched, NYSE-listed Digital Large Cap ETF marks the first time in nearly five years that US investors can access XRP through a regulated investment vehicle. This development offers unprecedented ease of access for retail investors, bypassing the complexities of direct cryptocurrency exchange purchases.

This SEC-approved ETF, a major multi-token fund encompassing prominent cryptocurrencies such as Bitcoin, Ethereum, Solana, and Cardano alongside XRP, represents the largest of its kind in the market. The inclusion of XRP is widely considered a pivotal moment, signifying a potential turning point in the regulatory landscape surrounding the asset and bolstering expectations for the approval of numerous pending spot XRP ETF applications.

The arrival of XRP in this established ETF is being hailed by crypto analysts and XRP proponents alike as a potential indicator of a softening SEC position. While the exact figure remains unconfirmed, reports suggest that roughly seventeen additional XRP ETF applications currently await SEC approval. The positive reception of the Grayscale ETF significantly enhances the likelihood of these applications receiving favorable consideration in the near future.

Prior to this development, US investors faced considerable difficulties acquiring XRP due to ongoing regulatory ambiguities and the legal dispute between Ripple and the SEC. This new ETF elegantly solves this problem, enabling straightforward investment in XRP via a familiar mechanism; purchasing shares on the NYSE, analogous to trading any other traditional stock. This simplified accessibility is expected to boost XRP's liquidity and increase overall market participation.