SR-NYSEARCA-2025-08 Self-Regulatory Organ – SEC.gov, February 13, 2025

The Exchange has put forth a proposal to list and facilitate the trading of shares for the Grayscale XRP Trust under NYSE Arca Rule 8.201-E. This amendment seeks to introduce a new investment opportunity for market participants interested in digital assets.

The Grayscale XRP Trust is designed to provide investors with exposure to the price movement of XRP, a digital asset utilized in the Ripple network. By offering shares in this trust, investors can gain indirect exposure to XRP without needing to purchase and store the digital asset themselves.

This initiative reflects the growing interest in digital assets and blockchain technology within the investment landscape. The Trust’s listing on NYSE Arca would provide investors with a regulated and transparent platform to buy and sell shares, enhancing accessibility for those looking to diversify their portfolios.

By enabling the trading of Grayscale XRP Trust shares, the Exchange aims to meet the evolving needs of investors seeking exposure to the digital asset market. This listing would offer a new way for investors to participate in the potential growth and volatility of XRP, catering to those who are interested in digital assets but may be hesitant to directly invest in cryptocurrencies.

In recent years, digital assets have gained traction as alternative investment options, attracting a diverse range of investors from institutional players to retail traders. The introduction of the Grayscale XRP Trust listing would further expand the range of investment opportunities available within the digital asset space, potentially attracting more participants to this growing market.

The proposed listing of the Grayscale XRP Trust underscores the increasing institutional acceptance of digital assets as legitimate investment instruments. By providing a regulated avenue for investors to gain exposure to XRP, the Exchange is contributing to the broader adoption and integration of digital assets into traditional investment portfolios.

Overall, the introduction of the Grayscale XRP Trust listing on NYSE Arca represents a significant step towards mainstream acceptance and recognition of digital assets as a viable investment class. This initiative not only opens up new opportunities for investors but also signals a shift towards greater institutional involvement in the digital asset market. With the potential listing of the Trust, investors would have another avenue to access and participate in the evolving landscape of digital assets and blockchain technology.