Grayscale Digital Large Cap Fund Holdings:

  • Bitcoin: 68.4% Ethereum: 13.0% XRP: 14.1%
  • Bitcoin Cash: 2.5% Litecoin: 2.0%

Grayscale XRP Trust


A digital asset for global enterprise payments

Overview
Market Performance
Resources

Grayscale XRP Trust shares are the first securities solely invested in and deriving value from the price of XRP.

Grayscale XRP Trust enables investors to gain exposure to the price movement of XRP through a traditional investment vehicle, without the challenges of buying, storing, and safekeeping XRP.

Investment Objective Shares track the XRP market price, less fees and expenses*
Benchmark Index TradeBlock XRX Index 24-hour VWAP
CUSIP 38964J102
ISIN US38964J1025
Bloomberg XRPFUND**
Inception Date 03/01/2018
Annual Fee 2.5%
AUM $4.7M‡
Shares Outstanding 135,000‡
XRP per Share 97.932558‡
Independent Auditor: Friedman LLP
Legal Counsel: Davis Polk & Wardwell LLP
Transfer Agent: Continental Stock Transfer & Trust

* Grayscale XRP Trust does not currently operate a redemption program and may halt creations from time to time. The Trust may, but will not be required to, seek regulatory approval to operate a redemption program.

** Valuation represents the XRP Holdings of XRP Trust shares
‡ As of December 31, 2018

Titled, auditable ownership through a traditional investment vehicle

Grayscale XRP Trust is a traditional investment vehicle with shares titled in the investors name, providing a familiar structure for financial and tax advisors and easy transferability to beneficiaries under estate laws.

Eligible for tax-advantaged accounts

Shares of Grayscale XRP Trust are eligible to be held in certain IRA, Roth IRA, and other brokerage and investor accounts.

Supported by a network of trusted service providers

Davis Polk & Wardwell LLP serves as legal counsel to the Sponsor of Grayscale XRP Trust. Financial statements for Grayscale XRP Trust are audited annually by Friedman LLP.

Robust security and storage

The private keys for Grayscale XRP Trust assets are maintained with Ledger SAS and protected by intense multi-factor security procedures.

Grayscale XRP Trust shares are the first securities solely invested in and deriving value from the price of XRP.

Grayscale XRP Trust provides a secure structure to gain exposure to the price performance of XRP.

 

XRP Holdings/Share
2019-01-23 30.95
2019-01-22 30.94
2019-01-18 31.66
2019-01-17 31.81
2019-01-16 31.90
2019-01-15 32.30
2019-01-14 31.89
2019-01-11 32.25
2019-01-10 34.43
2019-01-09 35.65
2019-01-08 35.59
2019-01-07 35.95
2019-01-04 34.59
2019-01-03 35.26
2019-01-02 35.63
2018-12-31 34.90
2018-12-28 34.82
2018-12-27 35.04
2018-12-26 36.58
2018-12-24 40.77
2018-12-21 35.98
2018-12-20 36.12
2018-12-19 35.49
2018-12-18 32.35
2018-12-17 30.01
2018-12-14 28.46
2018-12-13 29.39
2018-12-12 29.51
2018-12-11 29.13
2018-12-10 29.35
2018-12-07 29.22
2018-12-06 32.19
2018-12-04 34.25
2018-12-03 34.33
2018-11-30 35.58
2018-11-29 37.32
2018-11-28 36.71
2018-11-27 33.91
2018-11-26 35.51
2018-11-23 39.86
2018-11-21 42.06
2018-11-20 44.23
2018-11-19 47.45
2018-11-16 45.98
2018-11-15 44.09
2018-11-14 44.60
2018-11-13 50.28
2018-11-12 50.28
2018-11-09 49.23
2018-11-08 50.16
2018-11-07 52.57
2018-11-06 51.46
2018-11-05 46.69
2018-11-02 44.98
2018-11-01 44.23
2018-10-31 43.67
2018-10-30 43.40
2018-10-29 43.86
2018-10-26 44.75
2018-10-25 44.61
2018-10-24 45.14
2018-10-23 43.37
2018-10-22 44.27
2018-10-19 44.21
2018-10-18 44.94
2018-10-17 45.44
2018-10-16 43.79
2018-10-15 42.08
2018-10-12 40.35
2018-10-11 40.64
2018-10-10 46.00
2018-10-09 47.08
2018-10-08 47.82
2018-10-05 51.02
2018-10-04 52.46
2018-10-03 51.49
2018-10-02 55.67
2018-10-01 55.80
2018-09-28 52.87
2018-09-27 51.64
2018-09-26 51.50
2018-09-25 45.95
2018-09-24 52.76
2018-09-21 53.42
2018-09-20 35.38
2018-09-19 31.85
2018-09-18 30.37
2018-09-17 27.24
2018-09-14 27.49
2018-09-13 27.25
2018-09-12 25.74
2018-09-11 25.89
2018-09-10 26.73
2018-09-07 29.14
2018-09-06 28.14
2018-09-05 29.95
2018-09-04 33.11
2018-08-31 32.82
2018-08-30 32.78
2018-08-29 34.33
2018-08-28 33.94
2018-08-27 32.30
2018-08-24 31.85
2018-08-23 31.50
2018-08-22 33.21
2018-08-21 32.30
2018-08-20 33.28
2018-08-17 30.59
2018-08-16 28.57
2018-08-15 28.27
2018-08-14 25.82
2018-08-13 29.08
2018-08-10 33.36
2018-08-09 33.75
2018-08-08 34.86
2018-08-07 40.50
2018-08-06 42.25
2018-08-03 43.27
2018-08-02 43.29
2018-08-01 43.79
2018-07-31 43.13
2018-07-30 44.33
2018-07-27 44.75
2018-07-26 45.81
2018-07-25 45.50
2018-07-24 44.89
2018-07-23 44.87
2018-07-20 45.14
2018-07-19 47.74
2018-07-18 50.54
2018-07-17 48.58
2018-07-16 45.67
2018-07-13 43.45
2018-07-12 43.52
2018-07-11 44.23
2018-07-10 45.21
2018-07-09 47.41
2018-07-06 46.62
2018-07-05 48.11
2018-07-03 49.62
2018-07-02 46.97
2018-06-29 43.57
2018-06-28 45.97
2018-06-27 45.72
2018-06-26 47.13
2018-06-25 47.64
2018-06-22 50.28
2018-06-21 53.53
2018-06-20 53.23
2018-06-19 54.11
2018-06-18 52.46
2018-06-15 54.64
2018-06-14 53.81
2018-06-13 52.85
2018-06-12 57.27
2018-06-11 57.07
2018-06-08 66.48
2018-06-07 67.29
2018-06-06 66.56
2018-06-05 65.56
2018-06-04 66.07
2018-06-01 60.72
2018-05-31 60.39
2018-05-30 59.95
2018-05-29 57.07
2018-05-25 60.77
2018-05-24 60.26
2018-05-23 60.76
2018-05-22 66.50
2018-05-21 68.36
2018-05-18 66.09
2018-05-17 68.99
2018-05-16 67.70
2018-05-15 72.20
2018-05-14 71.84
2018-05-11 69.53
2018-05-10 78.74
2018-05-09 78.01
2018-05-08 81.39
2018-05-07 81.71
2018-05-04 88.81
2018-05-03 86.19
2018-05-02 84.04
2018-05-01 80.82
2018-04-30 84.33
2018-04-27 83.76
2018-04-26 79.53
2018-04-25 84.04
2018-04-24 91.10
2018-04-23 86.54
2018-04-20 82.97
2018-04-19 72.18
2018-04-18 67.66
2018-04-17 66.57
2018-04-16 65.96
2018-04-13 65.18
2018-04-12 54.80
2018-04-11 49.22
2018-04-10 48.21
2018-04-09 49.13
2018-04-06 47.35
2018-04-05 48.50
2018-04-04 50.90
2018-04-03 52.04
2018-04-02 48.61
2018-03-29 54.08
2018-03-28 57.54
2018-03-27 58.00
2018-03-26 60.37
2018-03-23 62.84
2018-03-22 65.25
2018-03-21 69.28
2018-03-20 68.90
2018-03-19 65.81
2018-03-16 68.85
2018-03-15 67.24
2018-03-14 73.08
2018-03-13 77.65
2018-03-12 80.05
2018-03-09 77.85
2018-03-08 84.00
2018-03-07 87.04
2018-03-06 93.76
2018-03-05 101.49
2018-03-02 90.22
2018-03-01 90.83
XRP Holdings per Share*
At close as of 01/23/2019
$30.95
Day Change 0.03%
Returns‡

At close as of 01/23/2019

1 Day 1 Month 3 Months YTD 12 Months Since Inception
XRP Holdings* 0.03% -13.98% -28.64% -11.32% - -65.93%

Past performance is not necessarily indicative of future results.

* XRP Holdings per Share is calculated daily at 4pm ET, based on a TradeBlock XRX Index 24-hour VWAP. For more information about how XRP Holdings is calculated, please refer to the private placement memorandum.

‡ Since inception 03/01/2018

XRP Trust in the News

03.06.18

XRP, BCH, LTC & ETH: Grayscale Adds 4 New Crypto Trusts

Grayscale Investments, the creator of the Bitcoin Investment Trust, is launching four new trusts today, doubling its number of products aimed at helping investors explore cryptocurrencies. The new trusts - which bring ethereum, litecoin, XRP and bitcoin cash to the offerings the firm provides - join Grayscale's existing bitcoin, ethereum classic and zcash investment trusts, as well as its Digital Large Cap Fund, a multi-crypto investment fund announced last month. Each of the newly announced cryptocurrencies is already part of the Digital Large Cap Fund, but were not previously available individually.

CoinDesk
03.06.18

Grayscale Doubles Offerings With Four New Cryptocurrency Funds

Grayscale Investments Inc. announced four new funds Tuesday, each focused on a separate cryptocurrency, effectively doubling the number of its offerings. And there may be more on the way. Qualified accredited investors will be able to put money into Bitcoin Cash, Ether, Litecoin and Ripple, the investment firm said in a statement. Each fund will operate as a trust, and the shares will be subject to a one-year holding period before they can be resold without restriction.

Bloomberg
03.06.18

Grayscale Investments Announces Launch of Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust and XRP Investment Trust

NEW YORK, March 6, 2018 /PRNewswire/ -- Grayscale Investments, LLC ("Grayscale"), a trusted authority on digital currency investing, announced today the launch of four new investment products including Bitcoin Cash Investment Trust, Ethereum Investment Trust, Litecoin Investment Trust, and XRP Investment Trust (each, a "Trust," and collectively, the "Trusts"). As of February 28, 2018, Grayscale had $2.1 billion in assets under management. "We are thrilled to expand Grayscale's offerings to meet rising investor demand," said Michael Sonnenshein, Managing Director at Grayscale. "Our team is committed to bridging the gap between the global investment community and the digital currency asset class. We remain focused on product creation and will continue to launch more single-asset and diversified products to provide exposure where investors are looking for it."

PR Newswire
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