Grayscale Investments Reopens Special Investments in XRP and Other Cryptocurrencies

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Grayscale Investments has reopened special investments in 19 trust funds, including XRP, Solana (SOL), and Stellar (XLM), for suitable investors. Accredited institutional and individual investors can subscribe to these special investments based on net asset value (NAV) and have the option to sell in the secondary market after a certain period.

Available Cryptocurrency Assets

Investors can invest in leading and trending tokens, including Ripple ‘s XRP, Solana (SOL), Stellar (XLM), Avalanche (AVAX), AAVE, Chainlink (LINK), Filecoin (FIL), NEAR, Bittensor (TAO), and Zcash (ZEC). Other tokens available include Basic Attention Token (BAT), Bitcoin Cash (BCH), Litecoin (LTC), SUI, Stacks (STX), Maker (MKR), Livepeer (LPT), and Decentraland (MANA).

Decentralized AI Fund and Market Status

Grayscale has also introduced the Decentralized AI Fund for its special investment subscription options. This fund comprises NEAR, TAO, FIL, RENDER, and GRT tokens.

Recently, selling pressure on Bitcoin has triggered sales in XRP, Solana (SOL), and Stellar (XLM). The price of XRP dropped by over 10%, reaching a low of $1.30 within 24 hours.

The price of SOL fell by 5% to $229, while XLM decreased by approximately 15%, currently standing at $0.4316. This development highlights the activity of major players in the cryptocurrency market and potential investment opportunities.

The special placement options offered to accredited investors could be significant for those looking to diversify their portfolios and take advantage of potential profit opportunities.

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