Grayscale XRP Trust ETF 8-K

What Happened

• Grayscale filed an 8‑K reporting that Edward McGee, the registrant’s Chief Financial Officer, Principal Financial and Accounting Officer and a member of the sponsor’s Board of Managers, stepped down effective July 2, 2026 for personal reasons. The filing states his departure is not due to any disagreement with the company.
• Effective July 2, 2026, Grayscale Operating, LLC approved the interim appointment of Kathryn Masci and Daniel Plourde, both Senior Vice Presidents, Finance, to serve as Co‑Chief Financial Officers of Grayscale Investments Sponsors, LLC. Ms. Masci was also appointed a member of the Board of Managers and will serve as the registrant’s Principal Financial and Accounting Officer.

Key Details

• Effective date: July 2, 2026.
• Edward McGee served ~7 years with the company and is leaving on good terms; no disagreement cited.
• Kathryn Masci: Senior VP, Finance since Jan 2026; CPA (NY); named Principal Financial & Accounting Officer and added to the Board of Managers.
• Daniel Plourde: Senior VP, Finance since Jan 2026; over 20 years in financial services; named interim Co‑CFO.

Why It Matters

• This is a material executive change affecting the fund’s finance leadership and the person responsible for financial reporting. Investors should note the immediate leadership transition and that a named successor (Masci) will assume the Principal Financial and Accounting Officer role.
• The filing indicates an orderly, non‑disruptive change (no disagreement with the company). Investors tracking governance or financial-reporting continuity may want to monitor future filings for any further permanent appointment or additional disclosures.