v3.26.1
COMBINED STATEMENT OF ASSETS AND LIABILITIES
Mar. 31, 2026
USD ($)
$ / shares
shares
Assets  
Investment in XRP, at fair value $ 215,061,670 [1]
Total assets 215,061,670
Liabilities  
Sponsor's fee payable $ 0
Notes Payable, Related Party, Type [Extensible Enumeration] Related Party [Member]
Total liabilities $ 0
Commitments and contingencies (Note 7)
Net assets $ 215,061,670
Shares issued (in Shares) | shares 14,700,000 [2]
Shares outstanding (in Shares) | shares 14,700,000 [2]
Net asset value per Share (in Dollars per share) | $ / shares $ 14.63
Franklin ERP ETF [Member]  
Assets  
Investment in XRP, at fair value $ 215,061,670 [1]
Total assets 215,061,670
Liabilities  
Sponsor's fee payable $ 0
Notes Payable, Related Party, Type [Extensible Enumeration] Related Party [Member]
Total liabilities $ 0
Commitments and contingencies (Note 7)
Net assets $ 215,061,670
Shares issued (in Shares) | shares 14,700,000 [2]
Shares outstanding (in Shares) | shares 14,700,000 [2]
Net asset value per Share (in Dollars per share) | $ / shares $ 14.63
[1] Cost of investment in XRP: $322,149,692 at March 31, 2026.
[2] No par value, unlimited amount authorized.