Quick overview

Live XRP/USD Chart

---

Grayscale Investments has renewed its focus on making the asset accessible to institutions by filing an Amendment to Form S-1 with the US Securities and Exchange Commission (SEC) for its proposed Grayscale XRP Trust. The filing from November 3, 2025, which lists Davis Polk and Wardwell LLP as legal counsel and Edward McGee as Chief Financial Officer, reaffirms Grayscale’s commitment to the SEC’s review process.

 

The submission revealed ongoing efforts to develop an XRP-based investment vehicle that complies with US securities laws, even though it does not yet indicate final approval or listing. If regulators recognize these efforts, institutional investors seeking exposure to digital assets through traditional financial products would find XRP more accessible. Cryptocurrency analyst Jack The Rippler described the filing as a new amendment for an XRP ETF.

The Grayscale XRP Trust filing underscores how traditional finance and blockchain assets converge. The future of institutional access to digital assets will depend on how regulatory agencies review these filings. Besides creating new investment opportunities, approval of such a product would bolster XRP’s position as a regulated component of the financial system.

Grayscale’s move signals a maturing stage in digital asset adoption, where institutional involvement, clarity, and compliance are becoming central to the next phase of growth for blockchain-based investment products, even though the outcome remains uncertain..