Grayscale Crypto Digital Large Cap ETF Including XRP Approved
There isn’t a Grayscale XRP ETF that has been approved by the SEC today. However, there is a Grayscale ETF which includes XRP that was approved this week. It is known as the Grayscale Digital Large Cap Fund.
The manager of the new Exchange Traded Fund (ETF) is Grayscale Investments Sponsors, LLC, a wholly owned subsidiary of Digital Currency Group., Inc. (one of the forerunners of the crypto revolution)
The custodian for the Fund is Coinbase Custody Trust Company, LLC. The administrator and transfer agent of the Fund will be BNY Mellon Asset Servicing.
The Fund is a Cayman Islands LLC and will include ADA, XRP, SOL, ETH, and Bitcoin.
The Fund will seek to (i) provide large cap coverage of the digital asset market;…
