v3.26.1
INVESTMENT IN XRP - Changes in Quantity of XRP Held (Details) - Franklin XRP ETF [Member]
 4 Months Ended
Nov. 19, 2025
USD ($)
XRP
$ / item
Nov. 18, 2025
USD ($)
XRP
CreationUnits
shares
Oct. 15, 2025
USD ($)
$ / shares
shares
Mar. 31, 2026
USD ($)
XRP
INVESTMENT IN XRP [Abstract]        
Beginning Balance, Quantity of XRP (in XRP) | XRP       1,086,120.68
Beginning Balance, Amount [1]       $ 2,440,079
XRP purchased for the creation of shares, Quantity of XRP (in XRP) | XRP 1,086,120.68     81,459,051.0149
XRP purchased for the creation of shares, Amount       $ 161,156,892
XRP contributed in-kind for the creation of shares, Quantity of XRP (in XRP) | XRP       86,889,654.4427
XRP contributed in-kind for the creation of shares, Amount       $ 173,999,149
XRP sold for the redemption of shares, Quantity of XRP (in XRP) | XRP       (3,258,362.04)
XRP sold for the redemption of shares, Amount       $ (4,457,244)
XRP distributed in-kind for the redemption of shares, Quantity of XRP (in XRP) | XRP       (6,516,724.083)
XRP distributed in-kind for the redemption of shares, Amount       $ (9,140,640)
Principal on XRP sales to pay expenses, Quantity of XRP (in XRP) | XRP       0
Principal on XRP sales to pay expenses, Amount       $ 0
Net realized gain (loss) from XRP sold for the redemption of shares, Amount       (1,632,673)
Net change in unrealized appreciation (depreciation) on investment in XRP, Amount       $ (107,303,893)
Ending Balance, Quantity of XRP (in XRP) | XRP 1,086,120.68     159,659,740.0158
Ending Balance, Amount [2]       $ 215,061,670
Proceeds from issuance of shares $ 2,221,985.69     161,156,892
Redemption of Shares [3]       $ 4,457,244
Quantity of XRP (in XRP) | XRP 1,086,120.68     159,659,740.0158
Number of XRP units purchased (in XRP) | XRP 1,086,120.68     81,459,051.0149
Cost of XRP per unit (in Dollars per Item) | $ / item 2.0458      
Initial Seed Shares [Member]        
INVESTMENT IN XRP [Abstract]        
Creation of Shares (in Shares) | shares     4,000  
Shares issued, price per share (in Dollars per share) | $ / shares     $ 25  
Proceeds from issuance of shares     $ 100,000  
Redemption of Shares   $ 100,000    
Seed Creation Units [Member]        
INVESTMENT IN XRP [Abstract]        
Beginning Balance, Quantity of XRP (in XRP) | XRP 1,086,120.68      
Ending Balance, Quantity of XRP (in XRP) | XRP   1,086,120.68    
Creation of Shares (in Shares) | shares   100,000    
Number of seed creation units issued (in CreationUnits) | CreationUnits   2    
Number of XRP per creation unit   543,060.34    
Number of XRP per share   10.86    
Quantity of XRP (in XRP) | XRP   1,086,120.68    
[1] On October 15, 2025, Franklin Resources Inc. (the “Seed Capital Investor”), an affiliate of the Sponsor, subject to conditions, purchased 4,000 Shares at a per-Share price equal to $25.00 (the “Initial Seed Shares”). Delivery of the Initial Seed Shares was made on October 15, 2025. Total proceeds to the Fund from the sale of the Initial Seed Shares was $100,000. On November 18, 2025, the Initial Seed Shares were redeemed for $100,000 and the Seed Capital Investor purchased two creation units in a cash transaction comprised of a total of 100,000 Shares at a per-Share price based on 543,060.34 XRP per Creation Unit (or 10.86 XRP per Share), for a total of 1,086,120.68 XRP (the "Seed Creation Units"). The cash proceeds to the Fund from the sale of the Seed Creation Units were used by the Fund to purchase 1,086,120.68 XRP at the price of $2.0458 per XRP on November 19, 2025 (exclusive of transaction and other costs incurred in connection with the conversion of the cash proceeds to XRP, which were paid by the Seed Capital Investor). Thus, the ultimate total proceeds to the Fund from the sale of the Seed Creation Units were $2,221,985.69 (an amount representing 1,086,120.68 XRP). Further, the transaction and other costs incurred in connection with the Seed Creation Units were paid by the Seed Capital Investor and not borne by the Fund. The Seed Capital Investor acted as a statutory underwriter with respect to the Seed Creation Units. Shares of the Fund were first listed and began trading on November 24, 2025
[2] Cost of investment in XRP: $322,149,692 at March 31, 2026.
[3] Dollar amount of balance represents the cumulative fair value of creation of shares less the redemption of shares, at the time of the specific creation or redemption.