A new update of the files of the GRASCOCALE files before the second decision
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Up-to-date filter and ETP. Details
According to the submission statement, the society aims to provide exposure to XPS through shares that track the market value of digital assets. The trust plans to list under NYSE ARCAR pending regulatory approval.
The filter offers that the product acts as a mobile investment vehicle, meaning that there is no need to outsource the meaningful XRP market performance. Instead, the goal is for the value of each share to reflect the value of the trust, processing costs and liabilities.
The fund is defined as a “basket” of 10,000 called “baskets”, participants can pay with xrp or cash. Kinnaird Legal acts as trustee, Bank of New York Mellon acts as administrator and transfer agent.
XP market position
In the year As of October 30, 2025, it will be valued at approximately $170 billion. Assets have shown significant price volatility over the past year, trading between $0.50 and $3.55. 24-hour trading September 24-hour trading volume on September 30, 2025 It was approximately 2.9 billion dollars.
XRP's primary function is to enable fast, low-cost transfers
Body of extensive institution pressure
The improvement comes from growing institutional interest in equity-focused ETFs, following sales from Solana, Calcon and Hedira. It is a sign that market analysts will make a final decision in a discussion between Saint and regulators.
“XRP” is expected to evaluate the “XP” ENF from the end of 2025, the final decision is expected before the end of the year.
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