Grayscale, the digital asset management giant, revealed last week that XRP remains a hot topic among investors and financial advisors, signaling its rising prominence in the crypto space.
Rayhaneh Sharif-Askary, Grayscale’s Head of Product & Research, shared:
“Advisors are constantly asked by their clients about XRP. In some cases, it’s the second most talked-about asset in this community, right after Bitcoin.”
She made these remarks during XRP Community Day, discussing investor engagement trends and the broader market landscape.
Grayscale has also expanded its regulated XRP offerings. The Grayscale XRP Trust ETF (NYSE Arca: GXRP) recently transitioned from a closed-end trust to a spot ETF. On February 20, shares traded around $27.54. The fund now carries a 0.35% expense ratio after a three-month fee waiver ended February 24. This structure allows investors to access XRP through standard brokerage accounts—no private wallet management required.
XRP is also a key part of Grayscale’s Digital Large Cap Fund (Ticker: GDLC), which tracks the Coindesk Large Cap Index alongside Bitcoin, Ether, Solana, and Cardano. The recent SEC approval for options linked to this index boosts liquidity and strengthens XRP’s role within the diversified fund.
Grayscale reiterated on social media:
“Advisors across the country consistently hear about XRP from their clients.”
The firm described the XRP ecosystem as a “strong community with persistent demand,” highlighting sustained investor interest that continues to grow.