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Grey releases XRP trust product to accredited investors

According to official news, Grayscale announced the launch of the XRP trust product, which has been opened to qualified accredited investors to provide investors with exposure to XRP assets. As of January 16, 2025, the net value of each trust share is $65.20. As one of the first pure investment securities in XRP, the product allows investors to access related investment opportunities without directly purchasing, storing and safekeeping XRP.