XRP’s journey into mainstream finance continues to gain traction as institutional investors monitor developments closely. In a move that could enhance the transparency and reliability of XRP-based investment products, Grayscale Investments recently submitted an important regulatory update, signaling ongoing refinement in how its flagship XRP Trust ETF operates.
According to STEPH IS CRYPTO on X, Grayscale filed a new amendment with the U.S. Securities and Exchange Commission (SEC) on January 20, 2026. Steph highlighted that the update expands the set of trading platforms included in the benchmark index for the Grayscale XRP Trust ETF, a measure designed to improve price accuracy and represent market conditions more comprehensively.
Expanded Trading Platforms
The amendment, submitted via Form 8-K, adjusts the constituent exchanges used to calculate the CoinDesk XRP Benchmark Rate, which underpins the ETF’s valuation. Platforms such as Robinhood Crypto, OKX, and others have been added. Conversely, certain venues that no longer meet the inclusion criteria were removed.
💥 BREAKING:
GRAYSCALE HAS JUST FILED A NEW AMENDMENT FOR ITS $XRP TRUST WITH THE SEC. pic.twitter.com/8P0HHNI0dk
— STEPH IS CRYPTO (@Steph_iscrypto) January 27, 2026
This update ensures the index reflects a broader spectrum of liquidity and trading activity across both XRP-USD and XRP-USDC pairs. Steph noted that this enhancement aims to reduce reliance on any single exchange, smoothing out potential pricing anomalies and strengthening the ETF’s tracking accuracy.
Investor Implications
Index composition directly affects the ETF’s ability to mirror XRP’s real market value. By diversifying the sources of pricing data, Grayscale mitigates volatility from isolated exchanges and enhances institutional confidence.
Investors who prioritize precise tracking can now expect a more representative reflection of XRP’s market dynamics. For traders and portfolio managers, this update signals Grayscale’s commitment to maintaining robust, transparent methodologies for its cryptocurrency offerings.
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Institutional and Market Context
The filing comes after the successful launch of the XRP Trust on NYSE Arca in late 2025, which allowed retail and institutional investors to access XRP exposure through traditional brokerage accounts.
The ETF structure offers a familiar and regulated vehicle, bridging the gap between conventional finance and digital assets. Steph emphasized that ongoing SEC reviews of spot XRP ETFs underscore the importance of regulatory compliance, with index updates reflecting responsiveness to both oversight expectations and global liquidity conditions.
Looking Ahead
While the amendment may not immediately impact XRP’s market price, it signals a broader trend of institutionalization and professionalization within crypto investment products. Grayscale’s ongoing refinement of its trust structure will likely give investors more accurate XRP performance tracking, reduce discrepancies, and boost reliability.
For the XRP ecosystem, such developments reinforce confidence in mainstream adoption and mark another step toward integrating digital assets into regulated financial markets.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers should conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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