Today marks a watershed moment for XRP investors as the long-anticipated Grayscale XRP Trust ETF (ticker GXRP) begins trading on NYSE Arca. The launch catapults XRP further into the institutional spotlight, following a flurry of ETF activity in recent weeks.
According to crypto analyst Xaif, the move signifies a profound shift in how traditional finance views XRP. After months of speculation, Grayscale’s entry underscores growing institutional conviction. The firm is widely recognized for managing tens of billions across its crypto investment vehicles—making this ETF debut a major milestone.
Grayscale’s Market Power
Grayscale’s new ETF provides hands-on access to XRP without requiring direct ownership of the cryptocurrency. According to its official product page, the fund holds XRP in trust and tracks its value passively.
While some reports have cited a $35 billion AUM narrative, Grayscale’s own filings currently show a smaller figure. Nonetheless, even a fraction of that scale would drive significant demand into XRP’s underlying market.
🚀 TOMORROW IS HUGE FOR XRP!
Grayscale’s new XRP ETF goes live on the NYSE tomorrow backed by ~$35B AUM. XRP is officially entering the big leagues. 👀
• Canary Capital, with far smaller AUM, delivered record-breaking volume their XRPC ETF hit ~$250M AUM on Day 1. 🤯
•… https://t.co/wNRSK7lLaU pic.twitter.com/MkTmqZgLen
— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) November 23, 2025
ETF Precedents: Canary & Bitwise
Grayscale isn’t alone. Canary Capital recently launched its XRPC ETF, which drew near-record volume in its first trading day. According to community reporting, the fund saw substantial liquidity creation in XRP.
Meanwhile, Bitwise launched its own Spot XRP ETF, ticker XRP, on November 20, 2025. Bitwise offers a 0.34% management fee, waived for the first month on the first $500 million in assets.
Supply Implications: Locked XRP, Lower Circulation
These ETFs are structured to hold XRP directly, meaning share creation requires real XRP tokens. Over time, large-scale ETF adoption can lock up a significant chunk of supply, pulling tokens out of active circulation.
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That dynamic could tighten liquidity and potentially support upward price pressure—especially if institutional inflows remain consistent.
Risks Remain
While this moment is undeniably bullish from a structural perspective, risks are still present. Regulatory shifts or quarter-to-quarter outflows could undermine momentum. Supply-chain shocks, or sudden rebalancing, remain possible. For long-term investors, the key will be disciplined exposure rather than speculative gambles.
Why Today Is a Turning Point
With Grayscale’s GXRP going live, XRP’s path toward mainstream financial adoption takes a serious step forward. The ETF provides a regulated way for traditional investors to gain exposure to XRP.
When combined with growing institutional interest shown by Canary and Bitwise’s entries, the narrative around XRP is shifting. What once felt like fringe speculation may now have genuine staying power.
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 are advised to 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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