Grayscale lets investors swap Bitcoin, Solana and XRP for shares in 10 crypto ETFs

Grayscale now lets eligible investors exchange Bitcoin, Solana, or XRP directly for shares in ten of its investment products, removing the usual cash-conversion step. The in-kind route could lower trading costs for holders moving large positions into traditional finance without selling their coins. Traders may read this as a modest structural boost for demand and liquidity in the named assets, though eligibility limits and the unspecified catch temper the impact.