Grayscale Drops Truth Bomb: Why XRP ETF Is Taking Its Sweet Time

by

Oh, Wall Street, you’ve done it again! In the ultimate plot twist, Solana (SOL), Litecoin (LTC), and Hedera (HBAR) have officially launched their spot ETFs, leaving the crypto world in a frenzy. These new investment products are the holy grail for institutional investors, offering direct exposure to the rising stars of crypto. It’s all very fancy, very shiny, and very… altcoin-y. 🌟

But, wait! Amidst the confetti and champagne showers, the million-dollar question remains: where on Earth is the XRP ETF? 😩

Why XRP’s ETF Didn’t Launch Yet

Okay, let’s all take a deep breath and put down the pitchforks. Zach Pandl, Grayscale’s Head of Research (who’s basically the crypto world’s wise oracle), has come to clear things up on the Paul Barron Podcast. Spoiler alert: it’s not because the powers that be just decided XRP doesn’t deserve the spotlight. Nope, it’s all about the timing and regulatory chaos before that little thing called the U.S. government shutdown. 💥

“It’s a relatively simple answer,” said Pandl, in the most casual ‘we’re all fine here’ way possible. “Issuers like Grayscale were a bit further along with regulators on Solana than on several of the other potential crypto ETF products at the time of the government shutdown. But don’t worry, once the government reopens, we’ll get the show back on the road.” 🛣️

So there you have it, folks. The XRP ETF didn’t make it because Solana (of all things) was just a little bit ahead in the paperwork race. It wasn’t about personal bias, strategy, or even bad hair days-it was just a good ol’ fashioned regulatory delay. Classic. 🙄

Grayscale Confirms XRP ETF Still in Progress

Now, before you go cancelling your XRP orders, Pandl dropped a bomb of reassurance. Grayscale isn’t forgetting about XRP. Nope. He even said it out loud for the world to hear. Grayscale’s commitment to launching an XRP ETF is real, and once the government dusts itself off and starts working again, you can bet XRP will get its shiny new ETF-along with all the other digital assets that have patiently been waiting in line. 🕰️

“We’re proud to bring Solana’s ETF to market, and we’ll be proud to bring others, including XRP,” said Pandl, like a parent at a PTA meeting. The company’s mission is to create a well-balanced crypto portfolio that’s as diverse as your favorite playlist. 🎶

What This Means for XRP Investors

So, for all the XRP holders who were secretly (or not-so-secretly) fuming about Solana, Litecoin, and Hedera making their Wall Street debut first, fear not. Grayscale just confirmed that the XRP ETF is still on its way. Once the U.S. government finally gets its act together, XRP could be the next crypto star to hit the ETF stage. Fingers crossed, folks. 🤞

Read More

2025-10-30 18:34