Bitwise XRP ETF (XRP)

The Bitwise XRP ETF is an exchange-traded product from Bitwise Asset Management that provides direct exposure to XRP, the native digital asset of the XRP Ledger. It trades on NYSE Arca under the ticker XRP.

The fund holds XRP tokens with a third-party custodian and seeks to reflect the value of XRP, less the fund's expenses. Its shares are valued using a reference rate for XRP compiled from major spot cryptocurrency trading venues.

The product lets investors gain price exposure to XRP through an ordinary brokerage account, without directly buying, storing or securing the cryptocurrency themselves. It does not use leverage or derivatives to pursue its objective.