Grayscale, that venerable hypnotist of digits, unfurls a new amendment to its Spot XRP ETF, a sly braid of details whispered into the ear of the original manuscript. Meanwhile, XRP ETFs-those gleaming chorus lines in the opera of finance-have achieved a milestone so glimmering it could coax a smile from a chalkboard: over $2 billion in total volume, a figure that flirts with institutional appetite and perhaps with the capricious gods of liquidity.
Grayscale Files New Amendment For Its XRP ETF
On a Tuesday-January 20, if the calendar is to be believed-Grayscale refreshed its Form 8-K for the Spot XRP ETF, insinuating newly minted details into the arithmetic of the index. The amendment, dispatched to the venerable U.S. Securities and Exchange Commission, disclosed tweaks to the digital asset trading platforms formerly summoned to determine the Index Price for the Grayscale XRP Trust ETF, GXRP.
The CoinDesk Indices, Inc., the discreet custodian of the index, initially admitted Bitstamp by Robinhood, Crypto.com, Gemini, Kraken, LMAX Digital, OKX, and Bitfinex to the XRP-USD waltz; for XRP-USDC, the ensemble included Bitstamp, Bullish, Bybit, Kraken, and OKX.
Notably, the January 20 amendment christens Binance, Gate, and Hashkey as new platforms for XRP trading pairs. These arrivals follow a routine monthly review where the platforms met the conditions and eligibility criteria for inclusion. At the same time, Bitfinex bowed out of the index. Grayscale disclosed that the exclusion was due to Bitfinex’s failure to meet the Index Provider’s conditions for inclusion, a polite way of saying the orchestra dismissed one musician for missing the metronome.
The asset manager’s move reads like a careful flirtation with accuracy, a desire to keep pricing for its XRP ETFs as true as a lacquered mirror. Market analyst Xaif Crypto notes that the amendment sharpens NAV accuracy on NYSE Arca. He adds that the Bitfinex departure underscores Grayscale’s shift toward higher-liquidity exchanges amid XRP’s swelling institutional demand and adoption after SEC clarity.
XRP ETFs Exceed $2 Billion In Trading Volume
As investors grow familiar with the newly minted trading platforms in Grayscale’s XRP ETF pricing index, new whispers arrive of a volume crescendo for these investment products. According to an X post by the crypto enthusiast XRP Update, the total US Spot XRP ETFs have surpassed $2 billion in cumulative trading volume, a milestone that reads like a triumphal aria.
XRP Update reveals that since October 2025, XRP Spot ETFs have enjoyed steady demand and increasing institutional participation, a quiet revolution that proves confidence can travel without a megaphone. The chart, a patient ledger of ascent, shows cumulative volume climbing from the perch of half a billion to beyond two, with all the drama of a snail in a opera cloak.
XRP Update notes that capital is quietly and persistently rotating into XRP ETFs. Because volume grows with a sly smile, the crypto devotee suggests that continued institutional demand could ignite a bullish tremor in XRP’s price. In addition to rising trading volume, XRP ETFs have logged another day of positive inflows, adding approximately $9.16 million to total net assets.
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2026-01-29 02:42