{
 "ticker": "XRP",
 "name": "Bitwise XRP ETF",
 "issuer": "Bitwise",
 "desk": "crypto",
 "url": "https://etfiq.com/funds/XRP",
 "html": "https://etfiq.com/funds/XRP",
 "markdown": "https://etfiq.com/funds/XRP.md",
 "as_of": "2026-09-11",
 "verdict": "Since listing to Sep 11, 2026, XRP returned \u221232.2% against XRP\u2019s \u221232.1%, 0.14 of a percentage point behind.",
 "key_facts": [
  {
   "key": "total_return_time_since_it_listed",
   "label": "Total return, time since it listed",
   "value": "\u221232.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XRP, total return, time since it listed: \u221232.2%, as of Sep 11, 2026."
  },
  {
   "key": "xrp_over_the_same_days",
   "label": "XRP over the same days",
   "value": "\u221232.1%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XRP, xRP over the same days: \u221232.1%, as of Sep 11, 2026."
  },
  {
   "key": "difference_against_xrp_in_percentage_points",
   "label": "Difference against XRP, in percentage points",
   "value": "\u22120.1 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XRP, difference against XRP, in percentage points: \u22120.1 pts, as of Sep 11, 2026."
  },
  {
   "key": "days_it_has_traded",
   "label": "Days it has traded",
   "value": "202",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XRP, days it has traded: 202, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$299m",
   "source": "10-Q balance sheet, Jun 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "XRP, net assets: $299m (10-Q balance sheet, Jun 30, 2026)."
  },
  {
   "key": "holds",
   "label": "Holds",
   "value": "XRP",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "XRP, holds: XRP, as of Sep 11, 2026."
  }
 ],
 "fields": [
  {
   "key": "sponsor",
   "label": "Sponsor",
   "value": "Bitwise",
   "source": null
  },
  {
   "key": "holds",
   "label": "Holds",
   "value": "XRP",
   "source": null
  },
  {
   "key": "sponsor_s_fee",
   "label": "Sponsor\u2019s fee",
   "value": "0.34%",
   "source": "10-Q"
  },
  {
   "key": "fee_waiver",
   "label": "Fee waiver",
   "value": "the whole fee, but it ended on Dec 19, 2025. The sponsor's fee above is what the trust charges now.",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$299m",
   "source": "10-Q balance sheet, Jun 30, 2026"
  },
  {
   "key": "staking",
   "label": "Staking",
   "value": "the chain has none, so no fund holding it can pay a staking yield",
   "source": null
  },
  {
   "key": "listed_since",
   "label": "Listed since",
   "value": "Nov 20, 2025",
   "source": null
  },
  {
   "key": "days_traded",
   "label": "Days traded",
   "value": "202",
   "source": null
  },
  {
   "key": "days_it_closed_unchanged",
   "label": "Days it closed unchanged",
   "value": "1",
   "source": null
  },
  {
   "key": "quoted",
   "label": "Quoted",
   "value": "on an exchange, every trading day",
   "source": null
  },
  {
   "key": "price",
   "label": "Price",
   "value": "$15.22",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "1 month",
   "The fund": "+35.3%",
   "XRP": "+35.0%",
   "Difference, percentage points": "+0.3 pts"
  },
  {
   "window": "3 months",
   "The fund": "+20.3%",
   "XRP": "+19.8%",
   "Difference, percentage points": "+0.5 pts"
  },
  {
   "window": "6 months",
   "The fund": "\u22122.9%",
   "XRP": "\u22123.0%",
   "Difference, percentage points": "+0.1 pts"
  },
  {
   "window": "Since it listed",
   "The fund": "\u221232.2%",
   "XRP": "\u221232.1%",
   "Difference, percentage points": "\u22120.1 pts"
  }
 ],
 "questions": [
  {
   "q": "Does XRP track XRP?",
   "a": "Over the time since it listed to Sep 11, 2026 it returned \u221232.2% against XRP\u2019s \u221232.1%, which leaves it 0.14 of a percentage point behind. That difference carries the fee, the custody cost and the market\u2019s pricing of the shares, and ETFIQ computes it from the fund\u2019s own closes and the coin\u2019s own closes over the same two dates."
  },
  {
   "q": "Does XRP stake?",
   "a": "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."
  },
  {
   "q": "What is XRP?",
   "a": "Bitwise XRP ETF, a spot XRP trust sponsored by Bitwise, listed Nov 20, 2025. It holds the coin through a custodian rather than futures on it or shares in companies that own it."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}