The Motley Fool

NOVEMBER 3, 2024

Bitcoin's recovery could convince many investors that it's a stable long-term asset like gold or silver. trillion -- and is now the world's 10th most valuable asset. Second, Grayscale recently relaunched its XRP Trust as a closed-end fund ( CEF ) for accredited investors in response to Ripple's partial victory.

Securities and Exchange Commission (SEC) 245

Securities and Exchange Commission (SEC) Accredited Investors Exchange-Traded Funds Legal 245

The Motley Fool

OCTOBER 19, 2024

The trust was created in 2013 and initially offered solely to institutional and accredited investors before it began trading over the counter in 2015. Owning Grayscale Bitcoin Trust versus Bitcoin An exchange-traded fund , or ETF, is a basket of assets (most commonly stocks) that trade under a single ticker symbol.

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Exchange-Traded Funds Accredited Investors Assets Taxes 130

The Motley Fool

OCTOBER 19, 2024

trillion, is the world's most valuable cryptocurrency and 10th most valuable asset. Ethereum's transition to the PoS mechanism also enabled its investors to stake (lock up) their tokens for fixed periods to earn interest-like rewards. Image source: Getty Images. Bitcoin Bitcoin, with a market cap of $1.3

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Securities and Exchange Commission (SEC) Accredited Investors Exchange-Traded Funds Stakes 130

The Motley Fool

MARCH 6, 2025

By contrast, XRP's entire supply of 100 billion tokens was pre-mined before it launched in 2013. XRP overcomes its biggest challenges When Ripple initially launched XRP in 2013, it hoped the token would be adopted for financial transactions on its payment platform. Learn More Image source: Getty Images.

Accredited Investors 230

Accredited Investors Exchange-Traded Funds Asset Management Stakes 230

The Motley Fool

JANUARY 26, 2025

When Ripple launched XRP in 2013, it hoped its customers would adopt the token for their financial transactions. Grayscale, one of the biggest crypto asset managers, also shut down its XRP fund, the XRP Trust. If more of those assets are tokenized, more people could use XRP to buy them. So why is XRP's price skyrocketing?

Securities and Exchange Commission (SEC) 243

Securities and Exchange Commission (SEC) Accredited Investors Financial Institutions Stakes 243