v3.26.1
Statement of Changes in Net Assets - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2026
Increase (decrease) in net assets resulting from operations    
Net investment income (loss) [1],[2] $ (262) $ (494)
Net realized gain (loss) [1] (13,732) (21,209)
Net change in unrealized appreciation (depreciation) from investment in XRP [1],[2] (70,921) (154,910)
Net increase (decrease) in net assets resulting from operations [1] (84,915) (176,613)
Increase (decrease) in net assets from capital share transactions    
Creations for Shares issued [1] 137,908 268,218
Redemptions for Shares redeemed [1] (15,702) (33,828)
Net increase (decrease) in net assets resulting from capital share transactions [1] 122,206 234,390
Total increase (decrease) in net assets from operations and capital share transactions [1] 37,291 57,777
Net assets    
Beginning of period [1] 261,855 241,369
End of period [1] $ 299,146 $ 299,146
Increase (Decrease) in Partners' Capital [Roll Forward]    
Shares issued [1] 9,420,000 16,150,000
Shares redeemed [1] (1,180,000) (2,290,000)
Net increase (decrease) in Shares issued and outstanding [1] 8,240,000 13,860,000
[1] No comparative financial statements have been provided as the Trust’s operations commenced on November 19, 2025.
[2] No comparative period information yet available as the Trust commenced operations on November 19, 2025.