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TSUI vs XRP

21Shares Sui ETF

TSUIBNasdaq

Bitwise XRP ETF

XRPANYSE Arca

Overlap

0.0%by weight

Expense ratio

TSUI −0.04pt a year

TSUI0.30%XRP0.34%

Avg volume · 30D

XRP 62.7×the volume

TSUI21KXRP1.31M

TSUI vs XRP Performance

Jul 31, 2026 – Nov 2, 2026

+28.6%TSUI+17.1%XRP

Jul 31, 2026 to Nov 2, 2026. TSUI +28.6%. XRP +17.1%. Use the arrow keys to read each point.0%40%60%80%Jul 2026Sep 2026Nov 2026
Expense ratio
TSUI 0.30%, better
XRP 0.34%
Fund size
TSUI $25M
XRP $519M
Holdings
TSUI 1
XRP 1
Avg volume (30D)
TSUI 21K sh
XRP 1.31M sh, better
NAV per share
TSUI $17.44
XRP $13.87
52W range

ETF.net Grade

TSUI: Cost 86, Risk 66, Mission not scored, Tradability 42, Holdings 45, Durability 38. XRP: Cost 68, Risk 50, Mission 99, Tradability 76, Holdings not scored, Durability 75.
Pillar letters and Scores for TSUI, XRP, with each pillar’s weight
PillarTSUIXRP
Cost30% weightA86HigherB68
Mission25% weightNot scoredA99
Risk15% weightB66HigherC50
Tradability15% weightC42A76Higher
Holdings10% weightC45Not scored
Durability5% weightD38A75Higher

Rank among Crypto Spot funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. TSUI and XRP are both graded against the same 25 Crypto Spot funds, so their Grades compare head to head.

Crypto Spot⁠

Category · 25 funds
See all 25 ›

XRP ranks 4th and TSUI 8th of 25 funds in the Crypto Spot Category.

  1. Rank 1AXRPZFranklin XRP ETFScore 86
  2. Rank 2AHYPGGrayscale Hyperliquid Staking ETFScore 81
  3. Rank 3ATHYP21Shares Hyperliquid ETFScore 77
  4. Rank 4AXRPBitwise XRP ETFScore 75
  5. Rank 5ATOXR21shares XRP ETFScore 73
  6. Rank 8BBHYPBitwise Hyperliquid ETFScore 67
  7. Rank 8BTSUI21Shares Sui ETFScore 67
  8. Rank 10BBAVABitwise Avalanche ETFScore 62

Our read on each fund

ETF.net Research

TSUIB21Shares Sui ETF

XRPABitwise XRP ETF

In short

TSUI Spot Sui in a normal brokerage account, priced at the low end of single-token crypto trusts. The wrinkle: staking rewards can be switched on and passed through, once the Sponsor judges the legal path is clear.

XRP Bitwise won the naming fight: its spot fund trades under the coin's own ticker. Underneath it is plain plumbing, XRP in cold storage at Coinbase, priced off a CME CF reference rate, one all-in 0.34% fee.

Stated mandate

TSUI The Trust seeks to track SUI's benchmark-measured performance after expenses and liabilities, while reflecting staking rewards when the Sponsor determines staking can be undertaken without undue legal or regulatory risk.

XRP The Fund holds spot XRP to give investors indirect exposure to XRP through exchange-traded shares.

Why people hold it

  • TSUI At 0.30%, it prices below the typical spot-crypto trust (0.35% median) and well under the priciest Sui rival, SUIS at 0.75%.
  • Staking is written into the mandate, not bolted on: rewards are reflected when the Sponsor determines staking can be done without undue legal or regulatory risk.21shares.com
  • Plain passive plumbing: hold SUI, track its benchmark-measured performance after expenses and liabilities. Nobody is picking tokens on your behalf.
  • On cost and structure it stands among the stronger builds in its spot-crypto peer group.
  • XRP One unitary 0.34% sponsor fee, with the sponsor covering most routine operating expenses. That undercuts Canary's XRPC (0.50%) for the same spot XRP exposure.sec.gov
  • Boring by design: spot XRP only, no derivatives or leverage, held in segregated cold storage at Coinbase Custody with BNY Mellon handling administration and transfer agency.sec.gov
  • NAV is struck against the CME CF XRP-Dollar Reference Rate (New York Variant), which aggregates executed trade flow from major XRP platforms instead of leaning on one venue's print.sec.gov
  • Actively traded since day one, and it sits in the upper tier of US spot crypto funds on trading quality.

Worth knowing

  • TSUI One token, one driver. SUI's price sets the whole ride, with no other holdings to cushion it.
  • A 2026 launch with a small asset base and light trading, which can show up as wider bid-ask spreads.
  • Staking hinges on the Sponsor's legal read, so reward pass-through is conditional rather than a standing feature.21shares.com
  • XRP One coin, one risk. Shares follow XRP and nothing else, and single-asset crypto moves are large in both directions.
  • Not the cheapest ticket on the shelf: 21Shares' TOXR carries the same spot XRP exposure at 0.30%.
  • Launched in November 2025, so the trading and tracking record is short, and the fund makes no distributions.

Full TSUI profile⁠

Full XRP profile⁠

TSUI vs XRP Holdings

How TSUI and XRP differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of TSUI and 0.0% of XRP.

Level by level

  • Holdings0 in both0.0%
  • Asset classAlternatives100%

Sector

No Sector split for TSUI and XRP.

Country, concentration and asset class

Country by domicile

No country split for TSUI and XRP.

Concentration

Weight in the 10 largest Holdings

  • TSUI100.0%
  • XRP100.0%

Securities held

  • TSUI1
  • XRP1

Asset class

TSUI
Alternatives
XRP
Alternatives

Holdings

  • Only in TSUI1
  • In both0
  • Only in XRP1

Only in TSUI

1 security, 100% of TSUI by weight

  • Sui100.00%

Only in XRP

1 security, 100% of XRP by weight

  • Xrp100.00%

Weight gaps

TSUI and XRP share no securities.

All TSUI holdings⁠All 1 XRP holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

TSUI vs XRP Cost

Overpaying XRP vs TSUI

$783

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

  • TSUI 0.30%

    $6,149

  • XRP 0.34%

    $6,932

$10,000
30 years

Cost over time

  • TSUI 0.30%
  • XRP 0.34%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K$8K051015202530XRP $6,932TSUI $6,149

Year by year

YearTSUIXRPOverpaying
10$545$616$71
20$2,113$2,386$273
30$6,149$6,932$783

Expense ratio

  • 0.30%TSUI, cheaper
  • 0.34%XRP
  • Middle half of Crypto Spot funds
  • Median 0.35%

TSUI 3rd cheapest of 25 funds

XRP 7th cheapest of 25 funds

TSUI vs XRP Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
TSUI No data
XRP None
Last payment
TSUI $0.05
XRP No data
Ex-dividend
TSUI Sep 29, 2026
XRP No data
Paid on
TSUI Sep 30, 2026
XRP No data
Frequency
TSUI Quarterly
XRP No data

Distribution history

Per share, 2026, same scale for both

TSUIQuarterly · 3 paymentsAll TSUI payments⁠
One bar per payment. 3 payments in 2026 YTD. May 14, 2026 $0.05; Jun 29, 2026 $0.02; Sep 29, 2026 $0.05. Use the arrow keys to read each point.$0$0.052026YTD
XRPAll XRP payments⁠

No distribution history available.

TSUI vs XRP Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

Market sensitivityBeta, 5 years
TSUI 0.83XRP 0.79

TSUI and XRP in the news

All news⁠

Popular comparisons

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