Grayscale's XRP Trust saw 11.44% NAV growth, indicating rising institutional demand for XRP.The reintroduction of the XRP Trust may lead to the development of an XRP ETF, similar to Grayscale's Bitcoin Trust.Grayscale reopened private placements for 18 cryptocurrency trusts, including the XRP Trust, catering to accredited investors.The positive growth of the Grayscale XRP Trust's NAV per share and XRP's price rally suggest sustained institutional interest.