Introduction
The CoinShares Physical XRP ETP offers a 100% physically-backed investment product, delivering secure and transparent exposure to XRP, the native cryptocurrency of the Ripple network. Designed for ease of access and institutional-grade custody, this ETP combines convenience with robust asset backing.
👉 Explore XRP investment opportunities
Product Overview
Best-in-Class XRP ETP
- Convenience: Trade XRP exposure seamlessly through your preferred investment platform.
- Physical Backing: Every ETP unit is backed by an equivalent amount of XRP, stored with Komainu, a top-tier custodian.
- Transparency: Real-time reserves are verified via LedgerLens and publicly audited by The Network Firm.
Key Features:
- Ticker: XRRL
- ISIN: GB00BLD4ZN31
- Replication Method: Physical
Trading Information
Available Markets
| Exchange | Currency | Ticker | ISIN |
|----------------|----------|----------------|----------------|
| Xetra (Germany)| EUR | XRRL GY Equity | GB00BLD4ZN31 |
| SIX Swiss Ex | USD/CHF/EUR | XRPL SE Equity | GB00BLD4ZN31 |
| EN Paris (France) | EUR | XRPL FP Equity | GB00BLD4ZN31 |
Note: For the most current listings, consult your broker.
How to Invest
4-Step Process
- Copy Product ID: Note the ISIN or ticker (e.g., XRRL).
- Access Broker Platform: Use an existing account or open a new one.
- Search for ETP: Paste the ISIN/ticker to locate the product.
- Place Order: Specify share quantity and confirm the trade.
👉 Start investing in XRP today
FAQs
1. What is Ripple’s primary function?
Ripple provides blockchain-based solutions for cross-border payments, enabling fast and low-cost transactions through products like RippleNet and On-Demand Liquidity (ODL).
2. How does XRP differ from Ripple?
- XRP: The cryptocurrency powering the Ripple network.
- Ripple: The company developing payment technologies.
3. Can I invest in Ripple stock?
No. Ripple is a private company, but its ecosystem includes XRP, which is tradable via ETPs like CoinShares’ offering.
Why Choose CoinShares Physical XRP ETP?
- Regulated: Compliant with Jersey securities laws.
- Low-Cost: Competitive fees compared to direct crypto purchases.
- Institutional Custody: Assets held securely with Komainu.
For real-time reserve checks:
Verify holdings here.
Risks & Disclosures
- Market Volatility: Crypto prices fluctuate significantly.
- Capital Risk: Investors may lose part or all of their investment.
- Complexity: Crypto ETPs require thorough understanding.
Past performance is not indicative of future results.
Conclusion
The CoinShares Physical XRP ETP bridges traditional finance and crypto, offering a secure, transparent, and accessible way to invest in XRP. Whether you’re diversifying your portfolio or gaining crypto exposure, this ETP simplifies the process.