According to a report from Bjjie.com, leading cryptocurrency asset management firm Grayscale Investments has highlighted a significant advantage of its recently launched XRP Trust.
Earlier this month, Grayscale reintroduced the XRP Trust, which only allows qualified investors direct access to XRP. Since its establishment, Grayscale has emphasized the numerous benefits of this product, including a detailed description of a four-phase growth cycle, which could ultimately transform the product into a spot-based cryptocurrency ETF.
“We believe in
@Grayscale
$XRP,” stated the Director of Product and Applications at Grayscale, adding that “the trust provides investors access to protocols with significant real-world use cases.” Research from
@light_ratio
further supports this.
Read the full article on
@CoinDesk
