v3.26.1
Statements of Assets and Liabilities - USD ($)
Mar. 31, 2026
Dec. 31, 2025
ASSETS    
Investments in XRP, at value (Note 2) $ 264,883,295 $ 322,967,103
    Total Assets 264,883,295 322,967,103
LIABILITIES    
Payable to Sponsor (Note 3) 116,273 147,378
Total Liabilities 116,273 147,378
NET ASSETS 264,767,022 322,819,725
NET ASSETS CONSIST OF:    
Paid-in capital 430,218,373 392,930,766
Total distributable earnings (accumulated deficit) (165,451,351) (70,111,041)
    Net Assets [1] 264,767,022 322,819,725
Unlimited shares authorized:    
Net Assets $ 264,767,022 $ 322,819,725
Shares Outstanding [2] 18,540,000 16,490,000
Net Asset Value, Offering and Redemption Price per Share [3] $ 14.28 $ 19.58
Investments in securities, at cost $ 429,153,979 $ 392,508,085
[1] No comparative financial statements have been provided as the initial share purchase date of the Trust was November 12, 2025.
[2] No Par Value.
[3] No comparative financial highlights have been presented as the initial share purchase date of the Trust was November 12, 2025.