Grayscale Launches XRP, SOL and ADA ETFs, Ready to Trade Today?

Jakarta, Pintu News – Grayscale Investments has just gotten the green light from the SEC to start trading its latest ETF on NYSE Arca. With a new name, Grayscale CoinDesk Crypto 5 ETF, the product promises investors wider access to invest in five leading digital assets. This is a major step in the evolution of crypto investment vehicles in the United States.

Transformation from $GDLC to CoinDesk Crypto 5 ETF

The ETF previously known as the Grayscale Digital Large Cap Fund ($GDLC) is now the Grayscale CoinDesk Crypto 5 ETF, which includes Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). This change not only changes the name, but also opens up new opportunities for investors to get directly involved in the crypto market.

With the listing of these ETFs on NYSE Arca, investors can now have an equal fractional interest in the capital, assets and distribution of the fund. This allows ETFs to become more organized and tradable by more people, removing redemption restrictions and other limitations that previously hindered adoption by large investors.

Read also: BNB Chain Dominates RWA, Price Predicted to Break $1,300?

Successive Launches Boost Market Momentum

Momentum in the crypto market is picking up with the launch of new ETF products. Today, the first Ripple (XRP) spot ETF was launched, providing direct exposure to regulated Ripple (XRP). Tomorrow, an ETF from Grayscale will follow, which is expected to be a turning point in institutional adoption of crypto.

The performance of assets in ETFs also showed a significant increase. Bitcoin (BTC) rose almost 2% to $117,828, Ethereum (ETH) increased more than 3% to $4,609, and Ripple (XRP) rose almost 3% to $3.11. Solana (SOL) and Cardano (ADA) recorded the largest gains, over 6% each.

Also read: Gold Trump Statue Holding Bitcoin Appears in Front of US Capitol, What Does It Mean?

Industry Leaders’ Views

Hunter Horsley, CEO of Bitwise, stated that “crypto index momentum is coming,” signaling that crypto index funds might become the new equity index ETFs. Scott Johnsson, a legal expert, added that this kind of investment vehicle can contain up to 15% unapproved assets, which can still be included under certain rules.

These comments show the growing optimism in the sector, as more crypto products gain recognition and clear regulation. This paves the way for more institutional investors to get involved in the crypto market.

Conclusion

With the launch of this new ETF, Grayscale not only expands access to major crypto assets but also sets a new standard in regulated crypto investment products. This marks a new era in crypto investment, with the expectation of more adoption from both large and small investors.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• CoinGape. Grayscale’s BTC, ETH, XRP, SOL, ADA Fund to Begin Trading Tomorrow. Accessed on September 19, 2025
• Featured Image: Cryptoslate