#XRPETF

The #XRPETF refers to the 21Shares XRP ETP, an exchange-traded product (ETP) that tracks the performance of Ripple (XRP). Here are some key details about this product:

*Overview*

- *Issuer*: 21Shares AG

- *Underlying Asset*: XRP (Ripple)

- *Physically Backed*: 100% physically backed by XRP tokens, stored in cold storage with an institutional custodian

- *Total Expense Ratio*: 2.50% annually

*Performance*

- *Current Price*: Prices vary by exchange, with recent prices including $61.52 on Euronext Amsterdam and €66.78 on XETRA

- *52-Week Range*: Prices have ranged between $11.98 and $97.50

- *Year-to-Date Return*: -11.13%

*Trading Information*

- *Exchanges*: Listed on multiple exchanges, including Euronext Amsterdam, XETRA, and SIX Swiss

- *Trading Symbols*: AXRP (Euronext Amsterdam), 21XP (XETRA)

- *Market Makers*: Flow Traders, GHCO

*Assets Under Management (AUM)*

- *Assets Under Management*: Approximately $595.74 million

*Advantages*

- *Simple and Organized*: Provides a simple, organized, and transparent way to gain exposure to XRP

- *Integrated Approach*: XRP offers an integrated approach to cross-border payments, connecting over 300 financial institutions to its payment network¹.