Grayscale has launched the Grayscale XRP Trust ETF (GXRP) on the NYSE Arca, marking the first spot XRP ETF in the United States. The ETF, which uses XRP as its underlying asset, aims to offer investors direct exposure to XRP. Initially launched privately in September 2024, GXRP is now available for public trading. XRP, the native asset of the XRP Ledger, has facilitated over 4 billion transactions since its inception in 2012. This development represents a significant milestone for Grayscale and the broader cryptocurrency market, providing a new avenue for institutional and retail investors to engage with XRP.