Exchanges· ★★★· bullish·

Grayscale XRP ETF Adds Anchorage Digital, Enables In-Kind XRP Transfers

  • —Anchorage Digital becomes second custodian for GXRP; Coinbase Custody stays primary
  • —Since September 29, GXRP supports in-kind creation and redemption in XRP
  • —Anchorage must generally hold private keys in cold storage, with limited hot-wallet use
  • —U.S. XRP ETFs held about 1.13 billion XRP worth $1.68 billion as of September 29
Why it matters: Adding a second custodian and in-kind settlement cuts operational friction and could ease institutional access to XRP ETFs.
#XRP
Source: Coinpaper
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