Grayscale opens in-kind subscriptions across 10 crypto funds for XRP, SOL and DOGE
- —The lineup covers GXRP, GSOL, GDOG plus funds on BTC, ETH, LINK, AVAX, SUI, HYPE and ZEC
- —Minimums: about $80,300 for Solana, $95,550 for Dogecoin and $257,000 for XRP
- —Contributions flow through authorized participants or approved intermediaries, not direct retail swaps
- —In-kind subscriptions do not guarantee tax relief and shares may trade at premiums or discounts to NAV
Why it matters: The mechanism gives institutions a simpler route into regulated products without selling tokens, though it does not by itself create new demand.
Source: Coinpaper