XRP News Today: XRP's Leap: Why Institutional Trust Is Betting on a Blockchain Revolution

Grayscale Investments celebrated the one-year anniversary of its relaunched Grayscale XRP Trust, highlighting its substantial performance gains and ongoing efforts to transition the product into a spot-based exchange-traded fund (ETF). Since its relaunch in September 2024, the Trust’s net asset value (NAV) has surged from an initial $10.85 per share to $55.79, representing a 414% increase within a year. As of September 5, the NAV had increased by 2.50% compared to the previous day, reflecting continued investor confidence. The Trust has issued approximately 301,500 shares, with each share representing roughly 19.5 XRP tokens, and the fund currently manages assets under management (AUM) of $16.82 million.

The Trust’s performance is attributed to the growing adoption and strategic enhancements to the XRP Ledger (XRPL), the decentralized blockchain network developed by Ripple. A recent update to the XRPL introduced the ability to issue and verify credentials on-chain, addressing compliance requirements such as KYC and AML checks. This feature allows users and institutions to create and store verified identities, reducing the need for repeated off-chain verifications. Ripple engineer Kenny emphasized that the credentials amendment streamlines the onboarding process and enhances privacy by keeping sensitive information secure. The update is part of a broader initiative by Ripple and XRP stakeholders to attract institutional investors by aligning with traditional finance (TradFi) standards.

The XRP Ledger’s potential has also gained recognition from major economic blocs. A recent BRICS report acknowledged the XRPL as a viable solution for cross-border trade, citing its escrow model and ability to automate payments. The report, discovered by crypto researcher SMQKE, positions the XRP Ledger as a competitive option against in-house blockchain systems and highlights its advantages, including low-cost, high-speed transactions and a decade-long error-free performance record. The BRICS Business Council has been examining blockchain applications for trade facilitation since 2019, aligning with the bloc’s de-dollarization goals. Ripple’s XRP Ledger, with its tokenization and currency bridging capabilities, could play a pivotal role in reshaping international payment systems and reducing dependence on SWIFT and the U.S. dollar.

Grayscale has filed an S-1 application with the SEC to convert the XRP Trust into a spot ETF, following the successful transition of its Bitcoin and Ethereum Trusts. The SEC has until October 2025 to make a decision on the application. The ETF would allow shares to be listed on the Nasdaq, potentially increasing liquidity and accessibility for a broader range of investors. Grayscale has updated its application to allow authorized participants to redeem and create ETF shares using XRP, cash, or in-kind transfers. This move is part of a broader trend in the crypto industry, where traditional financial structures are being adapted to support digital assets and expand their institutional adoption.

The combination of strong performance, regulatory progress, and strategic advancements in the XRP Ledger positions Ripple and Grayscale at the forefront of the evolving crypto landscape. As XRP continues to gain institutional and international traction, the potential for an XRP ETF remains a key focus for investors and market participants. The ongoing developments reflect the broader shift toward blockchain-based financial systems and the increasing role of digital assets in global trade and investment.

Source:

[1] Grayscale XRP Trust NAV Surges Over 400% in a Year (https://thecryptobasic.com/2025/09/06/grayscale-xrp-trust-nav-surges-over-400-in-a-year/)

[2] Ripple's XRP Ledger Just Introduced A Pivotal Update In ... (https://www.mitrade.com/insights/news/live-news/article-3-1101808-20250907)

[3] BRICS Report Mentions XRP Ledger in Push for Cross-Border Trade (https://cryptorank.io/news/feed/c6403-brics-report-mentions-xrp-ledger-in-push-for-cross-border-trade)