v3.26.1
Financial Highlights - Summary of Financial Highlights (Details) - $ / shares
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2026
Investment Company, Financial Highlights [Abstract]    
Principal Market NAV per-share, beginning of period [1] $ 15.03 $ 20.46
Investment Income (Loss) from Operation:    
Net investment income (loss) [1],[2] (0.01) (0.03)
Net realized and change in unrealized appreciation (depreciation) on investment in XRP [1],[3] (3.36) (8.77)
Net change in net assets from operations [1] (3.37) (8.8)
Principal Market NAV per-share, end of period [1] $ 11.66 $ 11.66
Total return, at net asset value [1],[4] (22.42%) (43.01%)
Ratios to average net assets    
Expenses [1],[5] 0.34% 0.34%
Net investment income (loss) [1],[5] (0.34%) (0.34%)
[1] No comparative financial statements have been provided as the Trust commenced operations on November 19, 2025.
[2] Calculated using average Shares outstanding.
[3] Because of the timing of subscriptions and redemptions in relation to fluctuating market values, the amount shown may not agree with the change in aggregate gains and losses.
[4] Total return is calculated based on the change in Principal Market NAV during the reporting period. An individual shareholder’s total return and ratios may vary from the above total return and ratios based on the timing of Share transactions from the Trust. Total return is not annualized.
[5] Annualized.