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Launched · SEC filings

ProShares Ultra XRP ETF

UXRPNYSE ArcaProSharesCThis fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$11.45−0.13 (−1.08%)

At close: Nov 2, 2026, 4:00 PM ET

C51/ 100

Rank 5 of 14 in 2x Long Crypto

C51/100Rank 5 of 14in2x Long Crypto
Intraday session: down, 79 prints from 11.57 to 11.45. Range 11.26 to 11.66. Use the arrow keys to read each point.11.3011.4011.5010 AM12 PM2 PM4 PM
Expense ratio
1.67%
Fund size
$38M
1Y total return
−88.8%
Yield · Last 12 months
No data
Holdings
1
Avg volume · 30D
151K sh
52W range
low $8.67high $100.95
Launched
Filings
SEC EDGAR

The ETF.net UXRP Grade

Based on 4 of 6 pillars

C

Score 51 out of 100

Category
2x Long Crypto⁠
Rank
5 of 14
Six-pillar profile for UXRP. Scores out of 100: Cost 68, Risk 30, Mission not scored, Tradability 39, Holdings not scored, Durability 55. Strongest: Cost (68). Weakest: Risk (30). Based on 4 of 6 pillars.

Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    B68 out of 100
    Rank 5 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 11 of 14

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D39 out of 100
    Rank 8 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 6 of 14

Our read on UXRP

ETF.net Research

In short

CProShares' 2x XRP fund: it resets daily, holds futures and swaps rather than XRP itself, and undercuts the other US 2x XRP ETF on fees by more than a full percentage point.

Stated mandate

The fund seeks daily results, before fees and expenses, equal to twice XRP's daily performance.

Why people hold it

  • At 1.67% a year it costs well under XXRP (2.77%), the other US fund tracking 2x daily XRP, and sits below its leveraged-crypto cohort's median fee.
  • The mandate is blunt and readable: 2x XRP's daily move before fees and expenses, delivered through futures and swaps, in a normal brokerage account.proshares.com
  • Built by ProShares, a leveraged and inverse specialist that runs the largest lineup of crypto-linked funds in the US.proshares.com

Worth knowing

  • The 2x target applies to one day only. Hold longer and daily compounding pulls results away from 2x the period move, most sharply when XRP chops around.proshares.com
  • You never own XRP here. The fund gets exposure through derivatives, so counterparty and futures-market mechanics sit between you and the coin.proshares.com
  • Launched in 2025 and still small, with a shorter record and thinner trading than the firm's 2x bitcoin and ether funds (BITU, ETHT), which also charge about a point less.

UXRP Performance

Launched Jul 14, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
UXRP$1,120
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. UXRP $1,120. SPY $11,199. Use the arrow keys to read each point.$0$5,000$10,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 UXRP. Periods over one year show the average yearly return.
PeriodUXRP
Year to date−74.4%
1 month−32.4%
3 months+16.3%
1 year−88.8%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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 UXRP
YearReturn barUXRP
2026 YTD−74.4%
2025−76.2%

History from Jul 15, 2025

UXRP in the news

UXRP Dividends

Last payment
$0.0019 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 24, 2025 $0.0019. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 24, 2025Dec 31, 2025$0.0019

$10,000 in UXRP 1 year ago paid $0.18 in dividends.

UXRP Risk

Risk pillarD30 out of 100Rank 11 of 14 in 2x Long Crypto

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
93.0%
Annualised · 15 months to Oct 2026
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.
−1.81
vs 3-month T-bills · 15 months to Oct 2026
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.
−96.9%
15 months · trough Aug 2026
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.
1.80
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.

FMP measures it over up to five years of monthly returns.

UXRP Cost

Compare UXRP and BITU

Overpaying vs BITU, tied cheapest in 2x Long Crypto

$10,768

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UXRP 1.67%

    $28,637

  • BITU 0.95% Tied cheapest

    $17,869

$10,000
30 years

Cost over time

  • UXRP 1.67%
  • BITU 0.95%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530UXRP $28,637BITU $17,869

Year by year

YearUXRPBITUOverpaying
10$2,863$1,678$1,185
20$10,445$6,322$4,123
30$28,637$17,869$10,768

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