灰度推出专用 XRP 信托

作为 XRP 投资者的一项重大进展，Grayscale Investments 于 9 月 12 日宣布创建并公开推出 Grayscale XRP Trust。

Grayscale, one of the world's leading crypto fund managers, announced its plans to launch a closed-end XRP trust in the United States on Thursday. This move will allow accredited investors to purchase shares that track the price of the XRP token.

全球领先的加密基金管理公司之一 Grayscale 周四宣布计划在美国推出封闭式 XRP 信托。此举将允许合格投资者购买追踪 XRP 代币价格的股票。

The new Grayscale XRP Trust could pave the way for an XRP-based exchange-traded fund (ETF) in the United States, pending approval from the Securities and Exchange Commission (SEC).

新的 Grayscale XRP 信托可能为美国基于 XRP 的交易所交易基金 (ETF) 铺平道路，目前正在等待美国证券交易委员会 (SEC) 的批准。

As the news spread, the price of XRP spiked sharply, according to CoinGecko data. The token rose by over 7% within the span of an hour, shooting from under 54 cents to as high as 57 cents, before settling at $0.5622 as of publication time.

根据 CoinGecko 的数据，随着消息的传播，XRP 的价格急剧上涨。该代币在一小时内上涨了 7% 以上，从不到 54 美分飙升至 57 美分，截至发稿时稳定在 0.5622 美元。

Grayscale Introduces Dedicated XRP Trust

灰度推出专用 XRP 信托

In a major development for XRP investors, Grayscale Investments announced the creation and public launch of the Grayscale XRP Trust on Sept. 12. This trust will provide accredited investors with direct exposure to the popular XRP cryptocurrency.

作为 XRP 投资者的一项重大进展，Grayscale Investments 宣布于 9 月 12 日创建并公开启动 Grayscale XRP 信托。该信托将为经过认证的投资者提供直接接触流行的 XRP 加密货币的机会。

“We believe Grayscale XRP Trust gives investors exposure to a protocol with an important real-world use case,” said Grayscale's Head of Product & Research, Rayhaneh Sharif-Askary. “By facilitating cross-border payments that take just seconds to complete, XRP has the potential to transform the legacy financial infrastructure.”

Grayscale 产品与研究主管 Rayhaneh Sharif-Askary 表示：“我们相信 Grayscale XRP Trust 可以让投资者接触到具有重要现实用例的协议。” “通过促进仅需几秒钟即可完成的跨境支付，XRP 有潜力改变传统的金融基础设施。”

We are proud to announce the creation of a new single-asset crypto investment fund, Grayscale $XRP Trust, which will be available through private placement.

我们很自豪地宣布创建一个新的单一资产加密投资基金 Grayscale $XRP Trust，该基金将通过私募方式提供。

Available to eligible accredited investors.

可供合格的认可投资者使用。

Read the press release: https://t.co/rOmVPUSFxZ pic.twitter.com/WEhk849RmT

阅读新闻稿：https://t.co/rOmVPUSFxZ pic.twitter.com/WEhk849RmT

The firm stated that the XRP fund is allowing daily subscriptions by eligible individual and institutional accredited investors. It functions like Grayscale’s other single-asset investment trusts and is exclusively invested in the token underpinning the XRP Ledger (XRPL).

该公司表示，XRP 基金允许符合条件的个人和机构认可投资者进行每日认购。它的功能与 Grayscale 的其他单一资产投资信托类似，专门投资于支撑 XRP Ledger (XRPL) 的代币。

Grayscale previously managed an XRP Trust but dissolved it in 2021 after the Securities and Exchange Commission sued Ripple in late 2020 and claimed that the token was a security under U.S. federal laws. Ripple has since scored major victories in the high-profile case against the securities regulator, clearing the long-standing regulatory hurdles for XRP.

Grayscale 此前管理过 XRP 信托，但在美国证券交易委员会于 2020 年底起诉 Ripple 并声称该代币是美国联邦法律规定的证券后，该信托于 2021 年解散。此后，Ripple 在针对证券监管机构的备受瞩目的案件中取得了重大胜利，扫清了 XRP 长期存在的监管障碍。

Grayscale has had prior success in transforming its Bitcoin and Ether trusts into spot exchange-traded funds. Its Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE) are currently among the top investment products for institutional investors seeking exposure to the top two major cryptocurrencies, Bitcoin and Ether.

灰度此前已成功将其比特币和以太信托转变为现货交易所交易基金。其灰度比特币信托（GBTC）和灰度以太坊信托（ETHE）目前是寻求投资比特币和以太这两种主要加密货币的机构投资者的顶级投资产品。

XRP ETF Arriving Soon?

XRP ETF 即将到来？

Unlike an exchange-traded fund, which must secure the SEC's blessing before launching, Grayscale's new trust has fewer regulatory restrictions. But this also indicates that the XRP fund could be transformed into an ETF with the SEC's green light.

与交易所交易基金在推出前必须获得美国证券交易委员会的批准不同，灰度的新信托受到的监管限制较少。但这也表明XRP基金可以在SEC的批准下转型为ETF。

“An ETF must be approved by the Securities and Exchange Commission since it is marketed directly to retail investors, while a trust's structure and sales pitch to so-called accredited investors gets a lighter regulatory touch,” Fox Business’ Eleanor Terrett noted in a separate report.

福克斯商业频道的埃莉诺·特雷特 (Eleanor Terrett) 在另一份报告中指出：“ETF 必须获得美国证券交易委员会的批准，因为它直接面向散户投资者销售，而信托的结构和面向所谓合格投资者的销售宣传则受到较宽松的监管。”报告。

Grayscale's launch comes at a time when the legal tussle between Ripple and the SEC has come to an end — perhaps. Ripple was ordered to pay $125 million in fines, which is a tiny fraction of the nearly $2 billion the SEC sought. There is ongoing speculation that the SEC may seek to appeal the ruling on XRP secondary trades.

Grayscale 的推出正值 Ripple 与 SEC 之间的法律纠纷结束之际——也许。 Ripple 被勒令支付 1.25 亿美元的罚款，这与 SEC 寻求的近 20 亿美元罚款相比只是微不足道。人们持续猜测 SEC 可能会寻求对 XRP 二级交易的裁决提出上诉。