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The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token .
Grayscale’s history also shows some promising signs. The company once had the two largest private funds tracking BTC and ETF, both of which were converted into spot ETFs this year. On the XRP ETF front, Lee noted that there is no clear timeline yet. However, he asserted that “Grayscale’s trust products are often seen as precursors to ETFs.”Top 14 Best Decentralized Finance Projects in 2024
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