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❕NEWS Grayscale has decided to terminate XRP Trust fund

aryan4

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Grayscale announced today (14.01.2021) that it has decided to terminate the XRP Trust fund.
According to the statement, net revenues from the fund's sold XRPs will be distributed to the fund shareholders.
How would you interpret this story, which can be considered bad for XRP?
 

mcjerry001

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What is really going on. Is ripple going to an end? What should now happen now. Should holders of ripple start to sell there ripple coin. But I don't think it will go down. Once the price decreased to $0.1 or below, I will buy ripple
 

aryan4

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The decision taken by a giant investment group like Grayscale is actually quite negative. At least in the first place, its negative reflection on the XRP price is inevitable.
 

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This is bad news for ripple especially at a time when the coin is struggling to recover amidst all the issues generated by the lawsuit.
 

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They made such a decision, but when they made a sale, there was no news yet. Perhaps the sale has been made or is still ongoing.
 

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Truly it is bad for Ripple, but I believed this is not the end of Ripple. Crayscale should wait and see the out come of the law suit before taking decision.
 

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What if Ripple come out from the law suit clean that means Crayscale will also add them again, that is not good for business except there are market forces propelling them.
 

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Truly it is bad for Ripple, but I believed this is not the end of Ripple. Crayscale should wait and see the out come of the law suit before taking decision.
The developments are bad for all XRP investors, of course. I think this fund may not have wanted to take and carry more risks.
 

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Grayscale announced today (14.01.2021) that it has decided to terminate the XRP Trust fund.
According to the statement, net revenues from the fund's sold XRPs will be distributed to the fund shareholders.
How would you interpret this story, which can be considered bad for XRP?
I am getting more scared by the day whenever I hear this type of news about xrp . I wish things can change for good . I really have faith in this coin .
 
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