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Grayscale to Dissolve XRP Trust Due to SEC’s Ripple Lawsuit

Grayscale to Dissolve XRP Trust Due to SEC’s Ripple Lawsuit – Decrypt

In brief XRP is the third-largest crypto by market cap. The SEC last month sued Ripple for selling XRP, which it calls a security. Grayscale is dissolving its Grayscale XRP Trust. A week after selling all the in its Digital Large Cap Fund, crypto asset management company Grayscale Investments is terminating its XRP Trust.