v3.26.1
Financial Highlights - Schedule of Financial Highlights (Details) - $ / shares
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Per Share operating performance [Abstract]    
Net asset value per Share, beginning of period $ 17.83 $ 20.94
Net investment income (loss) on investment in XRP [1] (0.01) (0.16)
Net realized and change in unrealized gain(loss) on investment in XRP [2] (4.72) 0.2
Net change in net assets from operations (4.73) 0.04
Net asset value per Share, end of period $ 13.1 $ 20.98
Total return, at net asset value [3] (26.53%) 0.19%
Ratio to average net assets    
Net investment income (loss) [4] (0.30%) (2.50%)
Gross expenses [4] 0.30% 2.50%
Net expenses [4] 0.30% 2.50%
[1] Calculated using average Shares outstanding method.
[2] The amount shown for a Share outstanding throughout the period may not agree with the change in the aggregate gains and losses for such period because of the timing of sales and repurchases of the Trust’s Shares in relation to fluctuating market value for the Trust.
[3] Total return is calculated based on the change in the value during the period and is not annualized. An individual shareholder’s total return and ratio may vary from the above total returns and ratios based on the timing of contributions to and withdrawals from the Trust.
[4] Annualized.