v3.26.1
Statement of Assets and Liabilities
Dec. 31, 2025
USD ($)
$ / shares
shares
ASSETS  
Investments in XRP, at value (Note 2) $ 322,967,103
Total Assets 322,967,103
LIABILITIES  
Payables to Sponsor (Note 3) 147,378
Total Liabilities 147,378
NET ASSETS 322,819,725
NET ASSETS CONSIST OF:  
Paid-in capital 392,930,766
Total distributable earnings (accumulated deficit) (70,111,041)
Net Assets 322,819,725 [1]
Unlimited shares authorized:  
Net Assets $ 322,819,725
Shares Outstanding | shares 16,490,000 [2]
Net Asset Value, Offering and Redemption Price per Share | $ / shares $ 19.58
Investments in securities, at cost $ 392,508,085
[1] Initial share purchase date of fund was 11/12/2025.
[2] No Par Value.