Data as of .
TOXR vs XRPR: which tracked its coin?
Over the window both share, TOXR finished 0.43 of a percentage point ahead of XRP and XRPR 0.69 behind.
ETFIQ Coin Capture Score: TOXR scores higher
How much of what holding the coin gave did a holder of the fund keep?
A percentile among the 28 spot crypto ETPs listed less than a year. It is a position in a set, not a rating, and neither end of it is a recommendation. All crypto ETFs ranked by it · How it is computed
The same coin, two trusts
TOXR and XRPR hold the same asset. Both are 1933 Act trusts holding XRP through a custodian, so neither has a portfolio to compare: the whole of each fund is one line. Over the days each has traded, TOXR finished 0.55 of a percentage point ahead of XRP and XRPR 2.4% behind once both returns are compounded, but the two windows are not the same days, so neither figure is set against the other here. That gap is the fee, the custody, the creation and redemption friction and the market’s pricing of the shares, compounded into one figure. XRPR has 84 more days of record than TOXR, and a longer record is a longer window over which a cost can show itself.
Performance, window by window
| Window | Total return | The coin over the same days | Difference, percentage points | |||
|---|---|---|---|---|---|---|
| TOXR | XRPR | TOXR | XRPR | TOXR | XRPR | |
| 1 month | +35.8% | +34.8% | +35.0% | +35.0% | +0.8 pts | −0.2 pts |
| 3 months | +20.4% | +19.4% | +19.8% | +19.8% | +0.6 pts | −0.5 pts |
| 6 months | −2.6% | −3.7% | −3.0% | −3.0% | +0.4 pts | −0.7 pts |
| Since each listed | −32.8% | −56.9% | −33.3% | −55.9% | +0.6 pts | −2.4% of its growth |
| TOXR 21Shares XRP ETF Holds XRP through a custodian, listed Dec 11, 2025 | XRPR REX-Osprey XRP ETF Holds XRP through a custodian, listed Sep 18, 2025 | |
|---|---|---|
| Sponsor | 21Shares | REX-Osprey |
| Holds | XRP | XRP |
| Net assets | $113m, balance sheet of Jun 30, 2026 | not read |
| Sponsor’s fee | 0.30% | not read |
| Fee waiver | none | none |
| Staking | the chain has none | possible; no clear answer read |
| Listed | Dec 11, 2025 | Sep 18, 2025 |
| Days since listing | 274 days | 358 days |
| Days it has traded | 188 | 247 |
| Days it closed unchanged | 1 | 6 |
| Quoted | on an exchange, every trading day | on an exchange, every trading day |
| Fund returned, 1 year or since launch | −32.8% | −56.9% |
| The coin over the same days | −33.3% | −55.9% |
| Difference, percentage points | +0.6 pts | −2.4% of its growth |
| Fund returned since it listed | −32.8% | −56.9% |
| Difference since it listed | +0.6 pts | −2.4% of its growth |
| Price | $13.29 | $11.08 |
TOXR in plain words
TOXR holds XRP through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, XRP moved −33.3% and TOXR returned −32.8%. That leaves it 0.55 of a percentage point ahead. That difference is the fee, the custody cost, the friction of creating and redeeming shares in blocks, and whatever the market paid for the shares rather than for the coin, all of it together. It is the only figure on this page the sponsor does not publish itself. TOXR charges 0.30% a year and still finished 0.6% ahead of XRP, which a fee cannot do on its own. On a chain with nothing to stake, a fund cannot earn its way past the asset it holds: what moved is what the market paid for the shares. A spot trust is not a registered investment company. It files a 10-K rather than an N-PORT, and its holding is one line: the XRP it custodies.
XRPR in plain words
XRPR holds XRP through a custodian and trades on an exchange, so a holder gets the coin’s return inside a brokerage account rather than a wallet. Over the time since it listed to Sep 11, 2026, XRP moved −55.9% and XRPR returned −56.9%. That leaves it 2.4% behind once both returns are compounded. Over a window this long the two returns cannot simply be subtracted. Doing it would read −1.0 pts, which is arithmetically correct and describes nothing a holder can act on: what the figure above states is the gap between the two growth factors, so a fund that kept 98% of what holding the coin gave says exactly that.
Questions people ask
- Which tracked XRP more closely, TOXR or XRPR?
- Over the days each has traded, TOXR finished 0.55 of a percentage point ahead of XRP and XRPR 2.4% behind once both returns are compounded. Those are not set against each other here, because the two windows are not the same days, so neither is nearer its coin than the other on this page. Each difference carries the fee, the custody cost, the friction of creating and redeeming shares in blocks and whatever the market paid for the shares rather than for the coin.
- Do TOXR or XRPR pay a staking yield?
- The XRP Ledger settles by a consensus its validators are not paid for, so there is nothing to stake and no fund holding XRP can pay a staking yield.
- What is the difference between TOXR and XRPR?
- Both hold XRP through a custodian and both trade on an exchange, so what separates them is what each costs a holder over time. TOXR is sponsored by 21Shares and listed Dec 11, 2025; XRPR by REX-Osprey, listed Sep 18, 2025.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, TOXR against XRPR, data as of Sep 11, 2026. https://etfiq.com/compare/crypto/TOXR-XRPR Free to use with attribution; the underlying files are at Open data.