XRP ETF
DThis fund gets its cryptocurrency exposure through futures contracts rather than holding coins directly. Futures-based returns can differ from the spot price of the coin.
$7.37+0.02 (+0.27%)
- 1.68%
- $104M
- −53.1%
- 2.75%
- 0.2M sh
- $7.45
- low $5.42high $16.06
The ETF.net XRPI Grade
D
Score 32 out of 100
- 10 of 11
Score 32 of 100 falls in the D 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.F12 out of 100Rank 10 of 11Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D25 out of 100Rank 10 of 11Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B69 out of 100Rank 3 of 11Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B68 out of 100Rank 5 of 11
Our read on XRPI
DThe first US ETF to give plain 1x XRP exposure, and it does it with CME futures rather than coins. XRP price movement in a normal brokerage account, no wallet, no keys, no crypto exchange login.
The Fund aims to provide exposure to the returns of XRP by primarily investing in XRP Futures Contracts via a Cayman Islands subsidiary, and may also utilize XRP-linked ETPs and swap agreements.
Why people hold it
- The original: launched in 2025 as the first US ETF tracking XRP futures one-to-one, before any unleveraged competitor existed.coindesk.com
- Mechanically simple: cash-settled XRP futures on the CME, held through a Cayman subsidiary, with cash-like collateral behind them. Self-custody risk stays off your plate.sec.gov
- Trades with reasonable activity for a crypto derivatives fund, and the collateral sleeve supports a monthly distribution schedule.
Worth knowing
- Pioneer pricing: the fee runs well above the median for crypto derivatives ETFs, and that gap compounds against you in a flat market.
- Futures, not coins. Rolling contracts and basis can pull results away from spot XRP, so this tracks the futures curve rather than the token itself.sec.gov
- Young fund on a violently volatile asset. On cost and risk together it sits in the lower tier of its crypto derivatives peer group.
XRPI Holdings
- Other
- 2
- 100%
- CME XRP Futures Oct26
XRPI Performance
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.
XRPI$4,690
Returns run to the Oct 12, 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.
| Period | XRPI |
|---|---|
| Year to date | −29.3% |
| 1 month | −0.4% |
| 3 months | +21.5% |
| 1 year | −53.1% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | XRPI |
|---|---|---|
| 2026 YTD | −29.3% | |
| 2025 | −32.4% |
XRPI in the news
Filings Digest
Three Themes funds due cash on Friday, September 25
Filings Digest
CoinShares to liquidate BTF and DIME on October 21
XRPI Dividends
- 2.75%
- $0.20
- $0.01 per share
- Monthly
Distribution history
XRPI Risk
- 53.2%
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.
- −0.59
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.
- −75.6%
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.
- 1.20
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XRPI Cost
1.68%
XRPI1.68%
- The middle half of Crypto Derivatives funds
- Median 1.11%
Every other Crypto Derivatives fund charges less.
Other funds in Crypto Derivatives
- ABETHProShares - Bitcoin & Ether Market Cap Weight ETFExpense ratio 0.95%1 year return −33.1%
- BEETHProShares - Ether ETFExpense ratio 0.95%1 year return −38.7%
- BBETEProShares - Bitcoin & Ether Equal Weight ETFExpense ratio 0.95%1 year return −35.3%
- DSOLZVolatility Shares Trust - Solana ETFExpense ratio 1.64%1 year return −49.1%
- DBTFCoinShares Bitcoin and Ether ETFExpense ratio 1.27%1 year return −35.5%