Grayscale Coindesk Crypto 5 ETF with XRP Opens at $58

A new door to mainstream crypto investing swung open today, capturing the attention of traders and institutional watchers ￰1￱ debut of Grayscale’s latest exchange-traded product signals more than just another ticker on the board—it underscores how quickly the regulatory landscape is evolving to bring digital assets closer to traditional ￰2￱ details behind this launch reveal both strategic positioning and a fresh opportunity for investors seeking diversified ￰3￱ and Opening Price Grayscale’s rebranded fund, now trading as the Grayscale CoinDesk Crypto 5 ETF (ticker: GDLC), officially began trading on Friday, September 19, ￰4￱ ETF opened at approximately $58 per share on the NYSE Arca, with early transactions holding a tight range as market makers established spreads and the first wave of investors stepped ￰5￱ Coindesk Crypto 5 ETF with XRP as its 3rd largest holding opens at $58!

Let’s goooo ￰0￱ ￰6￱ — Chad Steingraber (@ChadSteingraber) September 19, 2025 Fund Composition and XRP’s Role GDLC mirrors the CoinDesk 5 Index, which captures the five largest and most liquid cryptocurrencies: Bitcoin, Ethereum, XRP , Solana, and ￰7￱ and Ethereum dominate the allocation, but XRP holds the third-largest weighting, giving ￰8￱ a direct and significant stake in the token through a single diversified ￰9￱ finalized the rebranding from its long-running Digital Large Cap Fund to the CoinDesk Crypto 5 ETF in an SEC filing dated September 18, ￰10￱ Context and Market Significance This listing follows the SEC’s recent adoption of new generic listing standards for commodity-backed exchange-traded ￰11￱ standards paved the way for GDLC’s smooth transition onto NYSE Arca and highlighted the growing acceptance of crypto assets in regulated ￰12￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 For investors, the ETF offers a convenient, exchange-traded wrapper for broad crypto exposure.

Still, like all ETPs, it carries operational and market-structure considerations, meaning potential buyers should weigh factors such as custody arrangements, trading spreads, and tracking accuracy before committing ￰13￱ Reaction and Outlook Crypto analyst Chad Steingraber spotlighted the launch and opening price on X, sparking early buzz across the ￰14￱ participants will be watching first-week volume, liquidity patterns, and rebalance flows to gauge how the new fund influences demand for its underlying ￰15￱ GDLC simply complements single-asset ETFs or begins to reshape allocation strategies, today’s debut represents another milestone in bringing the crypto market ever closer to the heart of traditional ￰16￱ : This content is meant to inform and should not be considered financial ￰17￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰18￱ are urged to do in-depth research before making any investment ￰19￱ action taken by the reader is strictly at their own ￰20￱ Tabloid is not responsible for any financial ￰21￱ us on Twitter , Facebook , Telegram , and Google News