GXRP – Grayscale XRP Trust ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks for the value of the Shares (based on XRP per Share) to reflect the value of XRP held by the Trust, determined by reference to the index Price, less the Trust’s expenses and other liabilities. A substantial direct investment in XRP may require expensive and sometimes complicated arrangements in connection with the acquisition, security and safekeeping of the XRP and may involve the payment of substantial fees to acquire such XRP from third-party facilitators through cash payments of U.S. dollars.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
GXRP	Grayscale XRP Trust ETF	ETF	Open	—	—	Nov 24, 2025	$96.18M	0.350%	—	—	—

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