Grayscale, a digital asset management firm, shared on social media platform X last week that demand for XRP remains strong among financial advisors and investors, highlighting the crypto’s growing prominence within the broader crypto market.
Head of Product & Research Rayhaneh Sharif-Askary stated:
“Advisors are constantly asked by their clients about XRP, and in some cases, it’s the second most talked about asset in this community behind bitcoin.”
She delivered the remarks during XRP Community Day, where she addressed investor engagement trends and broader market dynamics.
Alongside advisor interest, Grayscale has expanded its regulated product suite tied to XRP. The Grayscale XRP Trust ETF (NYSE Arca: GXRP) recently completed its transition from a closed-end trust to a spot ETF. Shares traded around $27.54 on Feb. 20, and the fund carries a 0.35% expense ratio following a temporary three-month fee waiver period ending Feb. 24. The structure allows investors to gain exposure through traditional brokerage accounts without managing private wallets.
XRP is also a core component of the Grayscale Digital Large Cap Fund (Ticker: GDLC), which tracks the Coindesk Large Cap Index and includes bitcoin, ether, XRP, solana, and cardano. The U.S. Securities and Exchange Commission (SEC) recently cleared the launch of options linked to this index, a move that deepens liquidity for the XRP allocation within the diversified vehicle.
Grayscale also shared on social media platform X last week:
“Advisors across the country consistently hear about XRP from their clients.”
The firm described the ecosystem as a “Strong community. Persistent demand.” It emphasized what it portrayed as sustained interest despite fluctuations in price and sentiment.
- Why is XRP seeing strong demand among financial advisors and investors?
Grayscale reports that XRP is frequently the second most-discussed crypto asset after bitcoin among advisors, signaling sustained client-driven demand and growing mainstream portfolio consideration. - How does the Grayscale XRP Trust ETF (GXRP) provide regulated exposure to XRP?
The GXRP spot ETF, now trading on NYSE Arca with a 0.35% expense ratio, allows investors to gain direct XRP exposure through traditional brokerage accounts without managing private wallets. - What does the SEC’s approval of options on the Grayscale Digital Large Cap Fund (GDLC) mean for XRP investors?
SEC-cleared options tied to GDLC enhance liquidity and trading flexibility for diversified crypto exposure, indirectly benefiting XRP as a core index component. - How does XRP’s inclusion in diversified crypto funds impact its long-term investment outlook?
XRP’s weighting in index-based vehicles like GDLC strengthens institutional accessibility, supports broader adoption, and reinforces its position within multi-asset digital investment strategies.
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