v3.26.1
The following represents the changes in quantity of XRP and the respective fair value: (Details)
 2 Months Ended
Dec. 31, 2025
USD ($)
Unit
Accounting Policies [Abstract]  
XRP, beginning balance | Unit
Fair value, beginning balance
XRP purchased | Unit 70,940,123
Fair value, XRP purchased $ 152,960,620
XRP sold for the redemption of Shares | Unit (638,804)
Fair value, XRP sold for the redemption of Shares $ (1,191,493)
XRP contributed in-kind for the creation of Shares | Unit 105,356,634
Fair value, XRP contributed in-kind for the creation of Shares $ 241,151,550
XRP distributed in-kind for the redemption of Shares | Unit
Fair value, XRP distributed in-kind for the redemption of Shares
LTC transferred to pay the Sponsor fee | Unit (32,512)
Fair value, XRP transferred to pay the Sponsor fee $ (59,788)
Net change in unrealized appreciation (depreciation) in XRP (69,540,982) [1]
Net realized gain (loss) on investment in XRP transferred to pay Sponsor fee (35,293)
Fair value. Net realized gain (loss) on investment in XRP sold for redemptions $ (317,511)
XRP, ending balance | Unit 175,625,441
Fair value, ending balance $ 322,967,103
[1] Initial share purchase date of fund was 11/12/2025.