v3.26.1
Significant Accounting Policies - Summary of Trust's Assets Accounted at Fair Value (Details) - Investments in XRP - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]    
Assets $ 299,230 $ 239,758
Level 1    
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]    
Assets 299,230 239,758
Level 2    
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]    
Assets 0 0
Level 3    
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share [Line Items]    
Assets $ 0 $ 0