# XRP ETF on the Horizon? Grayscale Unveils New XRP Trust for US Investors By Sheena Jordan Canonical URL: https://www.tokenpost.com/news/business/13003 Published: 2024-09-12T21:08:24.000Z Updated: 2024-09-12T21:08:24.000Z Section: Business > Grayscale Investments has launched a US XRP Trust, allowing accredited investors to invest in XRP. The trust’s debut is fueling speculation about a forthcoming XRP ETF, which could broaden retail investors' access in … Grayscale Investments has launched a US XRP Trust, allowing accredited investors to invest in XRP. The trust’s debut is fueling speculation about a forthcoming XRP ETF, which could broaden retail investors' access in the near future. Grayscale Launches US XRP Trust Major cryptocurrency investing business Grayscale Investments has introduced a new crypto trust that is associated with the XRP coin. The formation and public launch of Grayscale XRP Trust, an investment vehicle for XRP, was formally [announced]() by Grayscale on September 12th. According to the company, approved individuals and institutions can start subscribing to Grayscale XRP Trust every day. According to [Cointelegraph](), it operates similarly to Grayscale's other single-asset investment trusts and has a single investment in the XRP Ledger token (XRPL). XRP ETF Potentially in Development A separate product, called XRP exchange-traded fund, may be in the works after the debut of Grayscale XRP Trust, according to a [Fox Business]() story. "An ETF must be approved by the Securities and Exchange Commission since it is marketed directly to retail investors, while a trust’s structure and sales pitch to so-called accredited investors gets a lighter regulatory touch," Eleanor Terrett of Fox Business reported. Four-Stage Product Life Cycle Planned The report also noted that Grayscale has laid out the XRP trust's proposed four-stage product life cycle, which could mean that an XRP ETF is on the horizon. "Each Product is intended to follow a four-stage life cycle — with the ultimate goal of uplisting the product to an ETF," Grayscale stated on a [page]() that was specifically dedicated to answering frequently asked questions from investors. "As a product progresses through this intended lifecycle, there is a correlated increase in investor access and transparency," the company said. XRP's Real-World Use Case Highlighted Rayhaneh Sharif-Askary, head of product and development at Grayscale, made a point in the release to highlight how the Grayscale XRP Trust exposes investors to a protocol "with an important real-world use case." Furthermore, he stated: “By facilitating cross-border payments that take just seconds to complete, XRP has the potential to transform the legacy financial infrastructure.” [TokenPost]() | info@tokenpost.com ## Links in this article - [announced](https://www.globenewswire.com/news-release/2024/09/12/2945244/0/en/Grayscale-Investments-Launches-Grayscale-XRP-Trust.html) - [Cointelegraph](https://cointelegraph.com/news/grayscale-us-xrp-trust-potential-etf) - [Fox Business](https://www.foxbusiness.com/markets/grayscale-launch-first-us-xrp-trust-paving-way-potential-etf) - [page](https://www.grayscale.com/faqs) - [TokenPost](https://www.tokenpost.com)