<ul><li>NYSE Arca has filed a proposal with the SEC to convert Grayscale's XRP Trust into a spot ETF, making XRP more accessible to US investors.</li><li>The trust's operational system ensures security and compliance, with Coinbase Custody Trust Company securing the cryptocurrency in cold storage.</li><li>The proposed ETF includes institutional-scale infrastructure, a minimum creation and redemption unit, and market makers to prevent abuse of insider information.</li><li>If approved, the conversion of Grayscale's XRP Trust into an ETF could have a significant impact on increasing XRP adoption in traditional finance.</li></ul>

Grayscale’s $16.1B XRP Trust Targets ETF Transformation: Massive Impact Ahead

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