Grayscale Investments is restructuring its Grayscale XRP Trust (GXRP), adding Anchorage Digital Bank as an additional custodian to diversify risk, with Coinbase remaining its primary custodian. The main new feature of this restructuring is the introduction of an in-kind share creation and redemption mechanism, allowing authorized participants to now transfer actual XRP rather than cash into the fund. This will help align the fund's share price with its net asset value (NAV) and increase institutional liquidity.