| Investment Holdings, Schedule of Investments |
The following represents the changes in quantity of XRP and the respective fair value:
|
|
|
|
|
|
|
|
|
(Amounts in thousands, except XRP amounts) |
|
Quantity |
|
|
Fair Value |
|
Balance at December 31, 2024 |
|
|
4,976,071.513885 |
|
|
$ |
10,450 |
|
XRP contributed |
|
|
647,661.688550 |
|
|
|
1,682 |
|
XRP distributed for Sponsor’s Fee, related party |
|
|
(66,212.854824 |
) |
|
|
(158 |
) |
Net change in unrealized appreciation/depreciation on investment in XRP |
|
|
- |
|
|
|
816 |
|
Net realized gain on investment in XRP sold to pay expenses |
|
|
- |
|
|
|
103 |
|
Balance at June 30, 2025 |
|
|
5,557,520.347611 |
|
|
$ |
12,893 |
|
|
|
|
|
|
|
|
(Amounts in thousands, except XRP amounts) |
|
Quantity |
|
|
Fair Value |
|
Balance at December 31, 2025 |
|
|
122,230,386.260970 |
|
|
$ |
223,364 |
|
XRP contributed |
|
|
36,272,724.963349 |
|
|
|
66,577 |
|
XRP redeemed |
|
|
(103,407,400.712419 |
) |
|
|
(180,780 |
) |
XRP distributed for Sponsor’s Fee, related party |
|
|
(59,982.494915 |
) |
|
|
(80 |
) |
Net change in unrealized appreciation/depreciation on investment in XRP |
|
|
- |
|
|
|
(17,468 |
) |
Net realized loss on investment in XRP sold to pay expenses |
|
|
- |
|
|
|
(39 |
) |
Net realized loss on investment in XRP sold for redemption of Shares |
|
|
- |
|
|
|
(34,161 |
) |
Balance at June 30, 2026 |
|
|
55,035,728.016985 |
|
|
$ |
57,413 |
|
|