Exhibit 10.2

 

AMENDMENT NO. 1 TO SPONSOR AGREEMENT

 

THIS AMENDMENT (this “Amendment”) to the Sponsor Agreement, dated as of December 10, 2025 by and between 21Shares US LLC, a Delaware limited liability company (the “Sponsor”) and 21Shares XRP ETF (the “Trust” and such agreement, the “Sponsor Agreement”), is made as of August 26, 2026 (the “Effective Date”) by and between the Sponsor and the Trust.

 

WHEREAS, reference is made to the Sponsor Agreement; and

 

WHEREAS, the parties hereto desire to amend certain provisions of the Sponsor Agreement as more particularly described below.

 

NOW, THEREFORE, in consideration of the foregoing, the Sponsor Agreement is hereby amended as follows:

 

1.Paragraph 7 is amended to the below:

 

7. Sponsor’s Compensation. The Trust shall pay to the Sponsor a fee as described in Schedule A (the “Sponsor Fee”) that is attached hereto and made a part hereof. Such fee shall be computed daily and paid at least quarterly in arrears by the Trust. No other compensation is paid to the Sponsor by the Trust. The Sponsor’s compensation is paid in consideration of Sponsor’s (i) services under this Agreement and the Trust Agreement and (ii) the payment by the Sponsor of the Trust expenses described in paragraph 8 below. The Sponsor may, in its sole discretion, voluntarily waive all or a portion of the fee it receives from the Trust.

 

* * * * *

 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

 

 

 

 

IN WITNESS WHEREOF, this Amendment No. 1 is hereby adopted as of the Effective Date.

 

21Shares XRP ETF
       
  By: 21Shares US LLC, as Sponsor to the Trust
       
  By: /s/ Duncan Moir
       
    Name: Duncan Moir             
       
    Title: President

 

  21Shares US LLC
   
  By: /s/ Duncan Moir
       
    Name: Duncan Moir
       
    Title: President

 

[Signature Page to Amendment No. 1 to Sponsor Agreement]