| Schedule of Changes in Quantity of XRP and Fair Value |
The following represents the changes in quantity of XRP and the respective fair value for the six-month period ended June 30, 2026:
|
|
|
|
|
|
|
|
|
|
|
Quantity of XRP |
|
|
Fair Value
(amounts in thousands) |
|
Beginning balance as of December 31, 2025 |
|
|
131,223,200.0749 |
|
|
$ |
239,758 |
|
Purchases |
|
|
129,072,021.7552 |
|
|
|
191,130 |
|
In-Kind Creations |
|
|
52,458,166.3494 |
|
|
|
78,724 |
|
Sales for the redemption of Shares |
|
|
(22,925,086.3295 |
) |
|
|
(30,179 |
) |
In-Kind Redemptions |
|
|
(2,685,061.9016 |
) |
|
|
(3,648 |
) |
XRP transferred for Sponsor Fee |
|
|
(304,794.0358 |
) |
|
|
(436 |
) |
Net realized gain (loss) from investment in XRP transferred to pay Sponsor Fee |
|
|
— |
|
|
|
37 |
|
Net realized gain (loss) from In-Kind Redemptions of XRP |
|
|
— |
|
|
|
470 |
|
Net realized gain (loss) from investment in XRP sold for redemptions |
|
|
— |
|
|
|
(21,716 |
) |
Change in unrealized appreciation (depreciation) from investment in XRP |
|
|
— |
|
|
|
(154,910 |
) |
Ending balance as of June 30, 2026 |
|
|
286,838,445.9126 |
|
|
$ |
299,230 |
|
The following represents the changes in quantity of XRP and the respective fair value for the period from November 19, 2025 (commencement of operations) through December 31, 2025:
|
|
|
|
|
|
|
|
|
|
|
Quantity of XRP |
|
|
Fair Value
(amounts in thousands) |
|
Beginning balance as of November 19, 2025 (commencement of operations) |
|
0.0000 |
|
|
$ |
— |
|
Purchases |
|
|
72,553,177.4122 |
|
|
|
148,288 |
|
In-Kind Creations |
|
|
58,670,022.6627 |
|
|
|
117,382 |
|
Change in unrealized appreciation (depreciation) from investment in XRP |
|
|
— |
|
|
|
(25,912 |
) |
Ending balance as of December 31, 2025 |
|
|
131,223,200.0749 |
|
|
$ |
239,758 |
|
|