#XRPETF Here is a simplified explanation of exchange-traded products (ETPs) based on the cryptocurrency XRP:

1. 21Shares XRP Fund (symbol: AXRP)

What is it? An investment product that allows you to invest in the cryptocurrency XRP without needing to own the currency itself directly.

Launch date: April 1, 2019

Where is it traded? On the Cboe BZX exchange in the United States.

Fees: Free until January 2025 or until the fund size reaches 500 million dollars.

Custody: XRP is securely held in cold wallets by Coinbase Custody.

Important note: The fund has been environmentally friendly and carbon neutral since 2018.