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TOXR

GradeCChicago Board Options Exchange

21shares XRP ETF

Crypto · 21Shares · Inception 2025-12-11 · SEC filings

$14.56−0.93 (−6.00%)

As of Sep 23, 2026, 3:09 PM EDT

History starts Dec 11, 2025.History starts Dec 11, 2025.
Intraday session: down, 22 prints from 15.49 to 14.56. Range 14.50 to 15.49. Use the arrow keys to read each point.$14.40$14.80$15.20$15.6010 AM12 PM2 PM4 PM
Expense ratio
0.30%
Fund size
$170M
1Y return
—
Yield · Last 12 months
—
Volume · 30D
0M sh
NAV per share
$15.47
52W range
low $9.65high $23.38

The ETF.net TOXR Grade

C

70/ 100

Rank 5 of 26 in Crypto Spot⁠

Confidence High

Six-pillar profile for TOXR. Scores out of 100: Cost 86, Risk 41, Mission 100, Tradability 25, Holdings 43, Durability 58. Strongest: Mission (100). Weakest: Tradability (25). Leans toward Mission.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 70 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 86
    Category rank5/26 · top 19%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 100
    Category rank2/13 · top 15%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 41
    Category rank17/26 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 25
    Category rank20/26 · bottom quartile

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 43
    Category rank5/6 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 58
    Category rank13/26 · top 50%

Graded as of Sep 22, 2026

Our read on TOXR

ETF.net Research

CA plain-vanilla XRP wrapper: it holds the coin, prices off a CME reference rate, and skips leverage and derivatives. In a field of near-identical XRP funds, 21Shares competes on price at 0.30%.

Stated mandate

The Trust is a passive exchange-traded vehicle designed to track XRP's U.S.-dollar price benchmark, after expenses and liabilities. It holds XRP and does not use leverage or derivatives.

Why people hold it

  1. 01Charges 0.30%, under the median fee for spot-crypto funds and well under the 0.50% on rival XRP fund XRPC.
  2. 02Mechanically simple: holds XRP outright and tracks the CME CF XRP-Dollar Reference Rate, no leverage, no derivatives, no strategy layer.21shares.com
  3. 03Conventional plumbing behind the crypto: BNY Mellon acts as administrator, transfer agent and cash custodian.sec.gov

Worth knowing

  1. 01One coin, one price. XRP swings hard and the trust does nothing to cushion drawdowns. It pays no income.
  2. 02Trades lightly next to the largest crypto ETFs, so spreads and limit orders matter more here.
  3. 03Listed in December 2025, so the track record is short and there is little history showing how it tracks through stressed markets.sec.gov

TOXR Holdings

As of Sep 20, 2026, 6:36 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
XRP100.0%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—XRP100.00%107,360,454$150M12

Showing 1–1 of 1 holdings

TOXR Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

TOXR$8,668
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,430
Dec 31, 2025 to Sep 22, 2026. TOXR $8,668. SPY $11,430. Use the arrow keys to read each point.$4,857$9,037$13,218Dec 2025May 2026Sep 2026

Dec 31, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for TOXR. Periods over one year show the average yearly return.
PeriodTOXR
Year to date−13.3%
1 month+16.1%
3 months+39.9%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for TOXR
YearReturn barTOXR
2026 YTD−13.3%
2025−9.7%

Since listing, Dec 11, 2025

TOXR in the news

TOXR Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Dec 2025. No distributions yet.

TOXR Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Dec 2025; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

TOXR Cost

Expense ratio0.30%
  • The middle half of Crypto Spot funds
  • Median 0.35%

2 of the 26 Crypto Spot funds charge less.

TOXR costs $30.00 a year on $10,000. The median Crypto Spot fund costs $35.00.