Grayscale Investments Terminates XRP Trust Citing Impact of SEC Lawsuit Against Ripple

<div class=”featured_image_container”> </div> <strong>Grayscale Investments is shutting down its Grayscale <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> Trust and liquidating its <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> holdings in order to distribute cash proceeds to the trust’s shareholders. The firm cited difficulty in converting <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/XRP” target=”_blank” rel=”noopener”>XRP</a> into U.S. dollars following the lawsuit filed by the …

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