The Motley Fool

NOVEMBER 3, 2024

Ripple actually pre-mined its entire supply of 100 billion tokens before its launch in 2013, and it locked up more than half of those tokens in escrow accounts across its blockchain. 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

SEPTEMBER 24, 2024

XRP (CRYPTO: XRP) , the digital currency of the Ripple blockchain, has taken its investors on a wild ride since its market debut in 2013. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month.

Securities and Exchange Commission (SEC) 130

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

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. Consider holding ETF shares as part of a long-term-oriented, diversified portfolio. Enter the Grayscale Bitcoin Trust ETF (NYSEMKT: GBTC).

Exchange-Traded Funds 130

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The Motley Fool

OCTOBER 19, 2024

In an investor presentation last year, Cathie Wood asserted that Ethereum's market cap could reach $20 trillion -- which would equal a market price of more than $166,000 per token -- by 2032. Grayscale subsequently relaunched its XRP Trust (which it had previously shut in 2021) as a closed-end fund ( CEF ) for accredited investors.

Securities and Exchange Commission (SEC) 130

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

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 also relaunched its XRP Trust as a new closed-end fund ( CEF ) for accredited investors , and several firms registered to sponsor their own spot XRP ETFs. presidential election.

Securities and Exchange Commission (SEC) 243

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