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In a year of the crypto markets that could only be described as a rollercoaster, the Grayscale XRP Trust hasn’t just taken the wave — it’s rode its wave like a pro. As 2024 fizzles down to the cork, these trusts have ended the year with a 300 per cent gain for the ears and poach wallets across the investment spectrum.
It all starts back in September 2024 when Grayscale gives XRP another shot at fame by relaunching the trust. From its humble beginning at $10.85 in the trust, it has been a roller coaster financial ride of $45.46.
The numbers on a screen were not the only thing that was causing this meteoric rise; it was all down to a cocktail of political winds, and regulatory smiles. Given that Kevin O’Leary is still ‘pro’ as he owns nearly 3 million XRP, the months before Donald Trump’s victory included a pro-crypto murmur that seemed to ignite a new vigor in XRP and make it something of a belle of the ball.
Will XRP ETF launch in 2025?
Enough said about the elephant — or, rather, the ETF — of the room. The Grayscale XRP Trust has become the top loop of the crypto town with the crypto community talking about the crypto gospel like a mountain of buzz. Money put in pockets is only part of it and the speculation of spot XRP ETFs isn’t just alive — in some…
