Grayscale said XRP is among the most discussed digital assets after bitcoin in conversations between financial advisors and their clients.
“Advisors are constantly asked by their clients about XRP, and in some cases, it’s the second most talked about asset in this community behind bitcoin,”
Said Rayhaneh Sharif-Askary, the firm’s head of product and research, during XRP Community Day.
The asset manager recently converted its Grayscale XRP Trust into a spot exchange-traded fund listed on NYSE Arca under the ticker GXRP, enabling investors to access XRP exposure through traditional brokerage accounts.
Shares of GXRP traded near $27.54 on 20 February and carry a 0.35% expense ratio following a temporary fee waiver period that ends on 24 February.
XRP is also included in the Grayscale Digital Large Cap Fund, which tracks the Coindesk Large Cap Index and includes bitcoin, ether, solana and cardano, with regulators recently approving options tied to the index.
“Advisors across the country consistently hear about XRP from their clients,”
Grayscale said on X, framing the asset as a recurring topic despite fluctuations in price and sentiment.
The remarks reflect growing efforts by asset managers to package digital assets into regulated investment vehicles, though broader market demand and sustained inflows will ultimately determine XRP’s long-term positioning within institutional portfolios.
At the time of reporting, XRP price was $1.34.