PANews reported on November 24th that, according to an official announcement from Grayscale, its Grayscale XRP Trust ETF (ticker symbol: GXRP) officially launched on the NYSE Arca exchange today, becoming the first spot XRP ETF in the United States. GXRP uses XRP as its underlying asset and aims to provide investors with efficient and direct XRP exposure. This ETF was previously launched privately in September 2024. XRP, as the native asset on the XRP Ledger, has processed over 4 billion transactions since its launch in 2012.


