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          <link:loc xlink:type="locator" xlink:href="ck0002037427-20260630.xsd#ck0002037427_AdditionalTrustExpensesPaidBySponsor" xlink:label="ck0002037427_AdditionalTrustExpensesPaidBySponsor"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_TradingSymbol" xlink:label="dei_TradingSymbol"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueMeasurementPolicyPolicyTextBlock" xlink:label="us-gaap_FairValueMeasurementPolicyPolicyTextBlock"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_SubsequentEventTable" xlink:label="us-gaap_SubsequentEventTable"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityEmergingGrowthCompany" xlink:label="dei_EntityEmergingGrowthCompany"/>
          <link:loc xlink:type="locator" xlink:href="ck0002037427-20260630.xsd#ck0002037427_QuantityOfEthereumClassic" xlink:label="ck0002037427_QuantityOfEthereumClassic"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses" xlink:label="us-gaap_GainLossOnSaleOfTrustAssetsToPayExpenses"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_CoverAbstract" xlink:label="dei_CoverAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StockholdersEquityPeriodIncreaseDecrease" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease"/>
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          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_FairValueDisclosuresAbstract" xlink:label="us-gaap_FairValueDisclosuresAbstract"/>
          <link:loc xlink:type="locator" xlink:href="ck0002037427-20260630.xsd#ck0002037427_SponsorParentMember" xlink:label="ck0002037427_SponsorParentMember"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityFilerCategory" xlink:label="dei_EntityFilerCategory"/>
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          <link:loc xlink:type="locator" xlink:href="ck0002037427-20260630.xsd#ck0002037427_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock" xlink:label="ck0002037427_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_EntityAddressPostalZipCode" xlink:label="dei_EntityAddressPostalZipCode"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2026/elts/us-gaap-2026.xsd#us-gaap_StatementOfFinancialPositionAbstract" xlink:label="us-gaap_StatementOfFinancialPositionAbstract"/>
          <link:loc xlink:type="locator" xlink:href="https://xbrl.sec.gov/dei/2026/dei-2026.xsd#dei_LocalPhoneNumber" xlink:label="dei_LocalPhoneNumber"/>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Related Party Transactions By Related Party [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Accrued and unpaid Sponsor's Fees</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee payable, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounts Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountsPayableCurrentAndNoncurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Accounts Payable, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balanced contract receivable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractReceivable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bitcoin receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Minimum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MinimumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Minimum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent event, date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event, Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_DecreaseIncreaseInNetAssetsFromOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">(Decrease) increase in net assets from operations.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_DecreaseIncreaseInNetAssetsFromOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Decrease Increase In Net Assets From Operations [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_DecreaseIncreaseInNetAssetsFromOperationsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">(Decrease) increase in net assets from operations:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesIssued_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock, Shares, Issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonStockValueSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Stock Value, Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonStockValueSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock Value Shares Authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonStockValueSharesAuthorized_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common Stock Value, Shares Authorized.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party Transaction [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold to Pay Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_RealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in XRP sold to pay expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_DCGMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">DCG.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_DCGMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">D C G [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_DCGMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">D C G</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorsFeeWaiver_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor's Fee Waiver</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorsFeeWaiver_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor's Fee Waiver</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorsFeeWaiver_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fee Waiver, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorsFeeWaiver_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Sponsor's Fee Waiver, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorsFeeWaiver_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Sponsor's Fee Waiver, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockOtherSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Other Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockOtherSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued and outstanding, no par value (unlimited Shares authorized)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeStatementAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Statement [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Redemption</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Owned Redemption</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedRedemption_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XRP redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ValueOfSharesPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Value of shares purchased.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ValueOfSharesPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Value Of Shares Purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ValueOfSharesPurchased_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Value of shares purchased</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentPeriodEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Period End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Ratios [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialRatiosAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ratios to average net assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentsOwnedNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned new contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentsOwnedNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned New Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentsOwnedNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XRP contributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeCategorizationMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractPayableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balanced contract payable table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractPayableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Payable [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractPayableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment owned balanced contract payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockNoParValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common stock, no par value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockNoParValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, No Par Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Assets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Non Sponsor Paid Expenses [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Non Sponsor Paid Expenses [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NonSponsorPaidExpensesMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Non Sponsor Paid Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IncreaseDecreaseInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase Decrease In Net Assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IncreaseDecreaseInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase Decrease In Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IncreaseDecreaseInNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total increase (decrease) in net assets from operations and capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, contracts realized investment gains (losses) sold to pay expenses.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Realized investment gains losses sold to pay expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRealizedInvestmentGainsLossesSoldToPayExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in XRP sold to pay expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net Assets consists of:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net assets.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss), Per Share, Basic</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balanced contract receivable table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Receivable [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractReceivableTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment owned balanced contract receivable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity, Attributable to Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Equity, Attributable to Parent, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquity_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">End of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIssuerAffiliationDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Issuer Affiliation [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine2_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line Two</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Income Taxes</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Balance, Contracts Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Owned, Balance, Contracts Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XRP redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRedeemed_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Bitcoin redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Change in shares outstanding.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Change In Shares Outstanding [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ChangeInSharesOutstandingAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Change in Shares outstanding:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule of activity in value of shares issued and redeemed table text block.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Activity In Value Of Shares Issued And Redeemed [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ScheduleOfActivityInValueOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule of activity in value of shares issued and redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfStockByClassTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock, Class of Stock [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityInteractiveDataCurrent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Interactive Data Current</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_Liabilities_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total liabilities</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 3 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel3Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 3</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net Realized And Unrealized Gain Loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Realized And Unrealized Gain Loss [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetRealizedAndUnrealizedGainLossAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized gain (loss) from:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Gain (Loss) on Investment, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyGainLossOnInvestmentPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized and unrealized loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Organization</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShareAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net increase (decrease) in net assets from investment operations:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) Ratio</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossRatio_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Costs and Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Fees incurred</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingCostsAndExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Operating Costs and Expenses, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Owned, Balance, Contracts New Contributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts New Contributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XRP contributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNewContributions_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Bitcoin contributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of per share data</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Summary of Per Share Data</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Events</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueByFairValueHierarchyLevelAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Net Assets, Percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedPercentOfNetAssets_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">% of Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Balance, Contracts</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Investment Owned, Balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedBalanceContracts_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Investment Owned, Beginning balance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalPeriodFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Period Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Incidental Rights distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Incidental Rights Distributed In Payment Of Sponsors Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfIncidentalRightsDistributedInPaymentOfSponsorsFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of incidental rights distributed in payment of sponsors fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCurrentReportingStatus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Current Reporting Status</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 1 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel1Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 1</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetAssetsValueTrustExceedsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets Value Trust Exceeds Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NetAssetsValueTrustExceedsValue_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Net Assets Value Trust Exceeds Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Financial Highlights Per Share Performance</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets, Fair Value Disclosure</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsFairValueDisclosure_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Assets, Fair Value Disclosure, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentTransitionReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Transition Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Concentration Risk Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ConcentrationRiskDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Concentration Risk</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInvestmentExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInvestmentExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Investment Expense</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeInvestmentExpense_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Gross expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, contracts net change in unrealized appreciation (depreciation) on investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Net Change In Unrealized Appreciation Depreciation On Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsNetChangeInUnrealizedAppreciationDepreciationOnInvestment_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on investment in XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Investment Income (Loss) from Operations, Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyInvestmentIncomeLossFromOperationsPerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net increase (decrease) in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statistical Measurement [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_RangeMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Statistical Measurement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Common units issued, minimum basket.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Units Issued Minimum Basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Common Units Issued, Minimum Basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CommonUnitsIssuedMinimumBasket_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common units issued, minimum basket</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ScheduleOfChangesInNetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Changes In Net Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ScheduleOfChangesInNetAssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Schedule Of Changes In Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Assets [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Assets:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCentralIndexKey_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Central Index Key</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ClassOfStockLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Class of Stock [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CurrentFiscalYearEndDate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Current Fiscal Year End Date</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentQuarterlyReport_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Quarterly Report</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investments owned distributions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investments Owned Distributions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentsOwnedDistributions_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XRP distributed for Sponsor's Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Inputs, Level 2 [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueInputsLevel2Member_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Level 2</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net investment loss</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Unrealized Gain (Loss) on Investments, Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net change in unrealized appreciation (depreciation) on investment in ETC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net change in unrealized appreciation/depreciation on investment in XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_UnrealizedGainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net change in unrealized appreciation/depreciation on investment in XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityIncorporationStateCountryCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Incorporation, State or Country Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrustShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Held in Employee Trust, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesHeldInEmployeeTrustShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares of the Trust, held by related parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CoinbaseIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Coinbase Inc. [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CoinbaseIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Coinbase Inc [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_CoinbaseIncMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Coinbase Inc</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetIncomeLoss_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (decrease) increase in net assets resulting from operations</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ownership [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_OwnershipAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ownership</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentCompanyExpenseGrossExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Gross expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentCompanyExpenseGrossExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense Gross expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentCompanyExpenseGrossExpenses_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Company, Expense Gross expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IndemnificationsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indemnifications Disclosure [Abstract].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IndemnificationsDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnifications Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12gTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Title of 12(g) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_Security12gTitle_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Title of 12(g) Security</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Shares, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Stock Issued During Period, Shares, Period Increase (Decrease), Total</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Net Change in Number of Shares Issued and Redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodSharesPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net increase (decrease) in Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentTypeExtensibleEnumeration_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Type [Extensible Enumeration]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Total return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyTotalReturn_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Total Return</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Gain (Loss) on Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_GainLossOnInvestments_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net realized and unrealized loss on investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Hierarchy and NAV [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueMeasurementsFairValueHierarchyDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Hierarchy and NAV</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_IncomeTaxDisclosureAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Income Tax Disclosure [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Schedule Of Investments [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Fair Value Estimates</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value of XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfIncidentalRightsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of Incidental Rights held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfIncidentalRightsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Incidental Rights Held</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfIncidentalRightsHeld_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number of incidental rights held.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Segment Reporting, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SegmentReportingPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Segment Reporting</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ShareIssueWithOneOrMoreBlocksShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Share Issue With One or More Blocks, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ShareIssueWithOneOrMoreBlocksShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Share Issue With One or More Blocks, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ShareIssueWithOneOrMoreBlocksShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issue one or more blocks</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorizedUnlimited_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Unlimited shares authorized</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesAuthorizedUnlimited_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares Authorized, Unlimited [Fixed List]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfShareEquivalentToXRP_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Number Of Share Equivalent to XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfShareEquivalentToXRP_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Number Of Share Equivalent to XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_NumberOfShareEquivalentToXRP_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Number of share equivalent to XRP</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Asset Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Principal Market NAV, end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market NAV per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NetAssetValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Principal Market NAV, beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentType_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Document Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cash and Cash Equivalents, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CashAndCashEquivalentsPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Cash and Cash Equivalents</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentInEthereumClassicMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment in Ethereum Classic.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentInEthereumClassicMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment In Ethereum Classic [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentInEthereumClassicMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in ETC</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodValue_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Securities Act File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFileNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity File Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIssuerAffiliationAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment, Issuer Affiliation [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityRegistrantName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Registrant Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AccountingPoliciesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Accounting Policies [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_EthereumClassicFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Ethereum classic fair value per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_EthereumClassicFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Ethereum Classic Fair Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_EthereumClassicFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Ethereum classic Fair Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Net Assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">End of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_AssetsNet_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net assets</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressAddressLine1_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, Address Line One</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment Income.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentIncome_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Recurring and Nonrecurring [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisTable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseAfterReductionOfFeeWaiverAndReimbursement_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense, after Reduction of Fee Waiver and Reimbursement</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transactions Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Parties</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntitySmallBusiness_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Small Business</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Significant Accounting Policies [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SignificantAccountingPoliciesTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Summary of Significant Accounting Policies</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event Type [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTypeAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Subsequent Event Type</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_PrincipalMarketAndFairValueDeterminationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Principal Market and Fair Value Determination [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_PrincipalMarketAndFairValueDeterminationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Principal market and fair value determination.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_PrincipalMarketAndFairValueDeterminationPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Principal Market and Fair Value Determination</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EquityAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Equity [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityNoteDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Creations and Redemptions of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Total Investment</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Liabilities [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_LiabilitiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Liabilities:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityTaxIdentificationNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Tax Identification Number</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressCityOrTown_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, City or Town</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Redeemed or Called During Period, Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockRedeemedOrCalledDuringPeriodShares_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedTerseLabel">Shares redeemed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stock Issued During Period, Value, New Issues</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockIssuedDuringPeriodValueNewIssues_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Shares issued</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityCommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Common Stock, Shares Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Holdings, Schedule of Investments [Table Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentHoldingsScheduleOfInvestmentsTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Holdings, Schedule of Investments</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Indemnifications Disclosure [Text Block].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Indemnifications Disclosure [Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IndemnificationsDisclosureTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Indemnifications</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, contracts distributed.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Distributed</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsDistributed_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">XRP distributed for Sponsor's Fee, related party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Table]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityShellCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Shell Company</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_GrayscaleSecuritiesSeedCapitalInvestorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Grayscale Securities, Seed Capital Investor [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_GrayscaleSecuritiesSeedCapitalInvestorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Grayscale Securities, Seed Capital Investor.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_GrayscaleSecuritiesSeedCapitalInvestorMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Grayscale Securities, Seed Capital Investor</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueAssetsAndLiabilitiesMeasuredOnRecurringAndNonrecurringBasisLineItems_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Maximum [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="srt_MaximumMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Maximum</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned, Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Cost</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtCost_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment in XRP, at fair value (cost $105,398 and $253,881 as of June 30, 2026 and December 31, 2025, respectively)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, shares held by custodian.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Shares Held By Custodian</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceSharesHeldByCustodian_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment owned balance shares held by custodian</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in XRP sold for redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Realized investment gains losses sold for redemption of shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_RealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Realized Investment Gains Losses Sold for Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Federal income tax rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Events [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned, balance, contracts realized investment gains (losses) sold for redemption of shares.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balance Contracts Realized Investment Gains Losses Sold for Redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalanceContractsRealizedInvestmentGainsLossesSoldForRedemptionOfShares_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Net realized loss on investment in XRP sold for redemption of Shares</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RisksAndUncertaintiesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Risks and Uncertainties [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionDomain_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction [Domain]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_DocumentFiscalYearFocus_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Document Fiscal Year Focus</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Shares outstanding at beginning of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Shares outstanding at end of period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_CommonStockSharesOutstanding_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Common Stock, Shares, Outstanding</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioIncludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Expense Ratio, after Fee Waiver and Incentive Fee Deduction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyExpenseRatioIncludingIncentiveFee_lbl" xlink:role="http://www.xbrl.org/2009/role/negatedLabel">Expenses</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityExTransitionPeriod_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Ex Transition Period</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IncreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Increase in Net Assets From Capital Share Transactions.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IncreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Increase In Net Assets From Capital Share Transactions [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_IncreaseInNetAssetsFromCapitalShareTransactionsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Increase (decrease) in net assets from capital share transactions:</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsidiary, Ownership Percentage, Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_MinorityInterestOwnershipPercentageByParent_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of minority interest owned</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_SecurityExchangeName_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Security Exchange Name</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related and Nonrelated Parties [Axis]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionsByRelatedPartyAxis_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related Party</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">New Accounting Pronouncements, Policy [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Recently Issued Accounting Pronouncements</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentTransactionsAndRevenueRecognitionPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Transactions and Revenue Recognition [Policy Text Block]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentTransactionsAndRevenueRecognitionPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment transactions and revenue recognition.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentTransactionsAndRevenueRecognitionPolicyTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Investment Transactions and Revenue Recognition</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressStateOrProvince_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Address, State or Province</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Amounts of Transaction</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionAmountsOfTransaction_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party maximum transaction in a fiscal year</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_AmendmentFlag_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Amendment Flag</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Related Party Transaction, Rate</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_RelatedPartyTransactionRate_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Related party sponsor fee percentage</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_PercentageOfManagersFee_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Percentage of managers fee.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_PercentageOfManagersFee_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Percentage Of Managers Fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_PercentageOfManagersFee_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Percentage of manager's fee</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ETCFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">ETC fair value per share.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ETCFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/label">E T C Fair Value Per Share</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ETCFairValuePerShare_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">ETC fair value per share</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CityAreaCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">City Area Code</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Organization, Consolidation and Presentation of Financial Statements [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_ScheduleOfInvestmentsTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule of Investments [Table]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_OperatingExpensesAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Operating Expenses [Abstract]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_TradingSymbol_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Trading Symbol</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_SubsequentEventTable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Subsequent Event [Table]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityEmergingGrowthCompany_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Emerging Growth Company</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_QuantityOfEthereumClassic_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Quantity of Ethereum Classic.</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_CoverAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Cover [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Stockholders' Equity, Period Increase (Decrease)</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StockholdersEquityPeriodIncreaseDecrease_lbl" xlink:role="http://www.xbrl.org/2003/role/totalLabel">Net (decrease) increase in net assets resulting from capital share transactions</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentIncomeNetAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Income, Net [Abstract]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Investment owned balanced contract payable.</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Owned Balanced Contract Payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_InvestmentOwnedBalancedContractPayable_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Bitcoin payable</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_FairValueDisclosuresAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Fair Value Disclosures [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/documentation">Sponsor's Parent [Member].</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Sponsor Parent [Member]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_SponsorParentMember_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Sponsor's Parent</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityFilerCategory_lbl" xlink:role="http://www.xbrl.org/2003/role/terseLabel">Entity Filer Category</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentCompanyFinancialHighlightsAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment Company, Financial Highlights [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel">Investment Owned, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel">Investment Owned, at Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/verboseLabel">Fair Value</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_InvestmentOwnedAtFairValue_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Investment in ETC</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="ck0002037427_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Schedule Of Activity In Number Of Shares Issued And Redeemed [Table Text Block]</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_EntityAddressPostalZipCode_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Entity Address, Postal Zip Code</link:label>
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          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="us-gaap_StatementOfFinancialPositionAbstract_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Statement of Financial Position [Abstract]</link:label>
          <link:label xml:lang="en-US" xlink:type="resource" xlink:label="dei_LocalPhoneNumber_lbl" xlink:role="http://www.xbrl.org/2003/role/label">Local Phone Number</link:label>
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  <xsd:element id="ck0002037427_CommonStockValueSharesAuthorized" name="CommonStockValueSharesAuthorized" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
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  <xsd:element id="ck0002037427_InvestmentOwnedBalanceSharesHeldByCustodian" name="InvestmentOwnedBalanceSharesHeldByCustodian" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
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  <xsd:element id="ck0002037427_AdditionalTrustExpensesPaidBySponsor" name="AdditionalTrustExpensesPaidBySponsor" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002037427_InvestmentOwnedBalanceContractsDistributed" name="InvestmentOwnedBalanceContractsDistributed" type="xbrli:decimalItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002037427_InvestmentsOwnedDistributions" name="InvestmentsOwnedDistributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002037427_InvestmentOwnedBalancedContractPayable" name="InvestmentOwnedBalancedContractPayable" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002037427_InvestmentInEthereumClassicMember" name="InvestmentInEthereumClassicMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002037427_PercentageOfManagersFee" name="PercentageOfManagersFee" type="dtr-types:percentItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002037427_SponsorMember" name="SponsorMember" type="dtr-types:domainItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
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  <xsd:element id="ck0002037427_InvestmentsOwnedNewContributions" name="InvestmentsOwnedNewContributions" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
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  <xsd:element id="ck0002037427_InvestmentTransactionsAndRevenueRecognitionPolicyTextBlock" name="InvestmentTransactionsAndRevenueRecognitionPolicyTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002037427_InvestmentOwnedBalancedContractReceivableTableTextBlock" name="InvestmentOwnedBalancedContractReceivableTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
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  <xsd:element id="ck0002037427_ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock" name="ScheduleOfActivityInNumberOfSharesIssuedAndRedeemedTableTextBlock" type="dtr-types:textBlockItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false"/>
  <xsd:element id="ck0002037427_ScheduleOfChangesInNetAssetsAbstract" name="ScheduleOfChangesInNetAssetsAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
  <xsd:element id="ck0002037427_XRPFairValueShare" name="XRPFairValueShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
  <xsd:element id="ck0002037427_NetAssetsValueTrustExceedsValue" name="NetAssetsValueTrustExceedsValue" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="debit"/>
  <xsd:element id="ck0002037427_EthereumClassicFairValuePerShare" name="EthereumClassicFairValuePerShare" type="dtr-types:perShareItemType" substitutionGroup="xbrli:item" xbrli:periodType="instant" nillable="true" abstract="false"/>
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  <xsd:element id="ck0002037427_SponsorsFeeWaiver" name="SponsorsFeeWaiver" type="xbrli:monetaryItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="false" xbrli:balance="credit"/>
  <xsd:element id="ck0002037427_NetRealizedAndUnrealizedGainLossAbstract" name="NetRealizedAndUnrealizedGainLossAbstract" type="xbrli:stringItemType" substitutionGroup="xbrli:item" xbrli:periodType="duration" nillable="true" abstract="true"/>
</xsd:schema>
