TOXR

21shares XRP ETF
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ISIN
US90137T1034
Factsheet
$
20.33
NAV
$
204,549,975.40
AUM
0.30
%
Management fee
0.30
%
Management fee
0.30
%
Management fee
-
Daily volume
0.30
%
Management fee
Value as of Dec 10, 2025

21shares XRP ETF (TOXR), an exchange traded product, is not registered under the Investment Company Act of 1940, as amended (“40 Act”), and therefore is not subject to the same regulations 
and protections as 40 Act registered ETFs and mutual funds. TOXR is subject to significant risk and heightened volatility. XRP assets are not suitable for an investor who cannot afford to lose the entire 
investment. An investment in TOXR is not a direct investment in XRP.

What is TOXR

The 21shares XRP ETF provides direct exposure to XRP, a digital asset built to make cross-border payments faster, more affordable, and more reliable than traditional systems. XRP runs on the decentralized XRP Ledger, which is used globally by payment providers, banks, and fintechs aiming to modernize international settlement.

Investment objective

21shares XRP ETF (TOXR or the Fund) seeks to track the performance of XRP, as measured by the performance of the CME CF XRP—Dollar Reference Rate—New York Variant (the “Pricing Benchmark”), adjusted for the Fund’s expenses and other liabilities. In seeking to achieve its investment objective, the Fund will hold XRP and will value its Shares daily based on the Pricing Benchmark.

Why TOXR

Transforming global payments

Traditional cross-border transfers can take days and cost up to 6%.1 XRP enables transactions in under 5 seconds for a fraction of a cent, offering a modern alternative to legacy rails.

Growing institutional use

Many financial institutions2, including Santander, Bank of America, and SBI Holdings3, use or test XRP-powered infrastructure for cross-border settlement. Some governments are exploring the XRP Ledger for official payment solutions.

A USD-backed stablecoin

A USD-backed stablecoin on the XRP Ledger, Ripple USD (RLUSD) has seen strong early adoption and enhances ledger utility across payments, liquidity, and onchain finance.

Underlying Assets

As of
December 10, 2025
Currency
Allocation
Coin entitlement
Reference Price
-
-
-
$
-
GCCS levels

Performance

As of
Dec 10, 2025
All
7d
1m
3m
ytd
1y
Year
NAV and Market Price
Inception date
December 11, 2025
NAV
$
20.33
-
20.33
NAV Change
-
Median Bid/Ask Spread (30 Day)
%
Market Price
-
Market Price Change
-
%
1 month
%
3 months
%
YTD
%
Since inception

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Returns over one year are annualized. To obtain performance as current as of the most recent month-end, please visit 21shares.com/en-us/products-us/txxd. Performance is inclusive of dividends.

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 646-370-6016 or visit the Fund’s website at www.21shares.com.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns (Net Asset Value) are calculated using the daily 4:00pm net asset value (NAV). Returns over one year are annualized. To obtain performance as current as of the most recent month-end, please visit 21shares.com/en-us/products-us/txxs. Performance is inclusive of dividends.

Premium/Discount

As of
December 10, 2025
$
20.33
-
20.33
NAV
$
-
4PM Mid-Point
-
Difference
-
Premium/Discount
Year
Historical Data
Greatest Premium
-
Greatest Discount
-
Number of Days At
Premium:
-
NAV:
-
Discount:
-
Days within percentage of NAV
Percent of Days ± 0.5% of NAV:
-
Number of Days ± 0.5% of NAV:
-

The amount that the Fund’s market price is about the reported NAV is called the premium. The amount that the Fund’s market price is below the NAV is called the discount. The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

The amount that the Fund’s market price is about the reported NAV is called the premium. The amount that the Fund’s market price is below the NAV is called the discount. The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

The amount that the Fund’s market price is above the reported NAV is called the premium. The amount that the Fund’s market price is below the NAV is called the discount. The Premium/Discount chart shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is calculated using the mid-point between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm Eastern time). The vertical axis of the chart shows the premium or discount of the Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of trading days covered by the chart, and each bar in the chart demonstrates how many days the Fund traded within the given premium/discount range. The data presented in the chart and table above represent past performance and cannot be used to predict future results.

Underlying Assets

As of
Dec 10, 2025
Currency
Allocation
Coin entitlement
Reference Price
-
-
-
$
-
GCCS levels
Name
Ticker
CUSIP
Shares
Price
Market/Notional value
Weight
NAME
AAAA
#XXXX#X##
00,000.00
000.00
000.00
000.00
%

Key Information

Name
21shares XRP ETF
Type
Digital Asset ETF
primary Exchange
CBOE BZX Exchange, Inc.
Inception Date
December 11, 2025
ADVISOR
Sub-advisor
Sponsor
21shares US LLC
Sub advisor
Ark Investment Management LLC
Issuer
21shares US
Fund Custodian
Anchorage Digital Bank N.A., BitGo New York Trust Company LLC, Coinbase Custody Trust Company LLC
Marketing agent
Foreside Global Services LLC
AUM
$
204,549,975.40
Securities Outstanding
10060000
shares Outstanding
10060000
NAV per Unit
$
20.33
NET ASSETS
$
204,549,975.40
NET ASSETS
$
204,549,975.40
Structure
HOLDING PERIOD DESIGN
NET ASSETS
$
204,549,975.40
Sales services
-
Resolute Investment Distributors, Inc.
Resolute Investment Distributors, Inc.
Fee
0.30
%
UTILIZATION RATE
0
%

Ticker Symbols

Ticker
TOXR
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WKN
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Valor
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ISIN
US90137T1034
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CUSIP
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iNAV
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CUSIP
409191022
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CUSIP
409191022
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CUSIP
04071F102
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Fees

Expense Ratio
Management fee
0.30%
Fee waiver*
0.21%
Total Annual fund operating expenses
0.30%
0.30%
0.30%
0
*21Shares US LLC (“The Sponsor”) will waive its entire management fee for the Fund beginning October 9, 2025 until October 8, 2026. Additional fees or charges may apply.

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*It is important to note that market orders will execute at the current market price, while limit orders allow investors to set a specific price at which to buy or sell the ETP.