The Grayscale XRP Trust ETF (ticker: GXRP) operates as an exchange-traded product with a distinct regulatory status. Unlike traditional 40 Act registered ETFs and mutual funds, this fund doesn't fall under the Investment Company Act of 1940, meaning it operates under a different regulatory framework and doesn't carry the same investor protections built into conventional registered funds. Before investing, it's crucial to understand that this alternative structure presents different risk considerations and regulatory safeguards compared to standard ETF products.
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The Grayscale XRP Trust ETF (ticker: GXRP) operates as an exchange-traded product with a distinct regulatory status. Unlike traditional 40 Act registered ETFs and mutual funds, this fund doesn't fall under the Investment Company Act of 1940, meaning it operates under a different regulatory framework and doesn't carry the same investor protections built into conventional registered funds. Before investing, it's crucial to understand that this alternative structure presents different risk considerations and regulatory safeguards compared to standard ETF products.