Big News for XRP Holders

Key Points

1. On July 1, 2025, the SEC approved the conversion of Grayscale’s Digital Large Cap Fund (GDLC) into a spot ETF, enabling broad retail access to XRP, Bitcoin, Ethereum, Solana, and Cardano.

2. XRP's inclusion in a regulated ETF represents a turning point after nearly five years of SEC litigation against Ripple, which had limited its availability on major U.S. platforms.

3. The ETF will track a diversified portfolio, with approximately 80% allocated to Bitcoin, 11% to Ethereum, and 4.8% to XRP, alongside smaller portions of Solana and Cardano.

4. This approval signals the SEC’s growing willingness to allow exposure to cryptocurrencies beyond Bitcoin and Ethereum through multi-asset investment products.

5. The ETF provides U.S. investors with a fully regulated, SEC-approved way to gain exposure to XRP, potentially paving the way for future standalone XRP-based investment products.