XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF
The price of the XRP cryptocurrency token surged after Grayscale announced a new trust that allows accredited investors to directly invest in the coin. XRP, created by Ripple founders, is used for cross-border transactions and is the fifth-largest coin by market cap. The trust will trade over the counter, providing exposure to assets solving real-world…