Everything You Need to Know About XRP ETFs
Seven exchange-traded funds now offer regulated exposure to XRP. Compare fees, learn how to buy, and find the right ETF for your portfolio.
What is an XRP ETF?
An XRP ETF is an exchange-traded fund that holds actual XRP tokens in secure custody and trades on traditional stock exchanges like the NYSE and NASDAQ.
Think of it like a gold ETF: you don't hold gold bars in your house, but you own a share of gold held in a vault. Similarly, XRP ETFs hold XRP in institutional custody—Coinbase Custody or BitGo—and each share represents a proportional claim on those holdings.
This structure allows you to gain exposure to XRP through your existing brokerage account at Vanguard, Fidelity, or Schwab, without the complexity of managing private keys or cryptocurrency wallets.
Key Benefits
All 7 XRP ETFs Compared
A complete breakdown of every US-listed XRP ETF, sorted by assets under management:
| ETF | Ticker | Fee | AUM | XRP |
|---|---|---|---|---|
Canary Capital Spot ETF | XRPC | 0.50% | $276M | 190.0M |
Bitwise Spot ETF | XRP | 0.34% | $264M | 181.5M |
Franklin TempletonFranklin Spot ETF | XRPZ | 0.19% | $233M | 160.7M |
21Shares Spot ETF | TOXR | 0.50% | $178M | 123.0M |
REX-Osprey Spot ETF | XRPR | 0.75% | $88M | 45.9M |
Grayscale Spot ETF | GXRP | N/A | $86M | 59.6M |
Bitwise Index Index Fund | BITW | 2.50% | $46M | 29.1M |
Data updated in real-time. View live dashboard for current prices and volumes.
Meet the XRP ETFs
Seven funds, seven stories. Here's who's competing for your investment.
Canary Capital XRP ETF
The largest XRP ETF by assets under management. Canary Capital, a digital asset specialist firm, launched this fund with a focus on institutional-grade custody and competitive pricing at just 0.20%.
Bitwise XRP ETF
Bitwise is a crypto-native asset manager with over $10 billion in assets. Their XRP ETF offers the highest trading volume, making it ideal for active traders and large institutional orders. Custody provided by Coinbase.
Franklin Templeton XRP ETF
Backed by Franklin Templeton, a $1.5 trillion asset management giant with 75+ years of experience.
At 0.19%, XRPZ is the cheapest XRP ETF on the market.
The most cost-effective choice for long-term investors who want institutional credibility at the lowest possible cost.
Grayscale XRP Trust ETF
Converted from the original Grayscale XRP Trust, this ETF benefits from Grayscale's pioneering role in crypto investment products. They manage over $30 billion in digital assets and offer seamless exposure for traditional investors at 0.35%.
21Shares XRP ETP
21Shares is the world's largest issuer of crypto ETPs with 50+ products globally. Their XRP offering combines European expertise with US regulatory compliance—a solid middle-ground option at 0.30%.
REX-Osprey XRP ETF
A joint venture between REX Shares and Osprey Funds. REX-Osprey was the first XRP ETF to begin trading, giving them first-mover advantage. Higher fees at 0.75% reflect their pioneering status.
Bitwise 10 Crypto Index Fund
Not a pure XRP play. BITW holds the top 10 cryptocurrencies weighted by market cap, with XRP comprising approximately 5% of the portfolio. Ideal for investors who want diversified crypto exposure at 2.50%.
Understanding ETF Fees
The expense ratio is automatically deducted from the fund's assets daily. While the differences seem small, they compound significantly over time.
Why Fees Matter
Over 10 years, choosing 0.19% vs 0.75% on a $50,000 investment (assuming 10% annual returns) saves you over $4,000.
How to Buy XRP ETFs
Buying an XRP ETF is as simple as buying any stock. Three steps and you're done.
Open a Brokerage Account
If you don't already have one, open an account at any major brokerage. Most offer free accounts with no minimum balance.
Search for the ETF Ticker
Use your brokerage's search to find one of these ticker symbols:
Place Your Order
Enter the dollar amount or number of shares you want to buy. Most brokerages support fractional shares, so you can invest as little as $1. Choose "Market Order" for immediate execution.
ETF vs Buying XRP Directly
XRP ETF
- Trade on stock exchanges
- Hold in IRA/401(k)
- SEC regulated
- No wallet needed
- Annual fees (0.19%-0.75%)
- Market hours only
Direct XRP
- True ownership
- Trade 24/7
- No annual fees
- Use in DeFi
- Self-custody risk
- No IRA benefits
Tax Advantages of XRP ETFs
One of the biggest advantages of XRP ETFs is the ability to hold them in tax-advantaged retirement accounts.
Traditional IRA
- • Contributions may be tax-deductible
- • Gains grow tax-deferred
- • Pay taxes on withdrawal
Roth IRA
- • Contribute after-tax dollars
- • All gains are tax-free
- • No taxes on withdrawal after 59½
Example: Invest $10,000 in a Roth IRA. If it grows to $100,000, you pay $0 in taxes on the $90,000 gain.
Frequently Asked Questions
What is an XRP ETF?+
An XRP ETF (Exchange-Traded Fund) is a regulated investment product that holds actual XRP tokens in secure custody and trades on traditional stock exchanges like NYSE and NASDAQ. It lets you invest in XRP through your brokerage account without directly owning cryptocurrency or managing wallets.
How many XRP ETFs are there in 2026?+
As of February 2026, there are 7 US-listed XRP ETFs: Canary Capital (XRPC), Bitwise (XRP), Franklin Templeton (XRPZ), Grayscale (GXRP), 21Shares (TOXR), REX-Osprey (XRPR), and Bitwise 10 Index (BITW). Combined, they hold over $1.5 billion in assets.
Which XRP ETF has the lowest fees?+
Franklin Templeton's XRPZ XRP ETF has the lowest expense ratio at just 0.19% annually—that's only $1.90 per year for every $1,000 invested. Canary Capital's XRPC is second lowest at 0.20%.
Which XRP ETF is the best?+
The best XRP ETF depends on your priorities. XRPZ (Franklin Templeton) has the lowest fees at 0.19%. XRP (Bitwise) has the highest trading volume for liquidity. XRPC (Canary Capital) has the largest AUM, reflecting strong investor confidence.
Can I buy XRP ETF on Vanguard?+
Yes. Vanguard offers all US-listed XRP ETFs to its 50 million clients. Search for tickers XRP, XRPC, XRPZ, GXRP, TOXR, or XRPR in your Vanguard account to purchase.
Can I buy XRP ETF on Fidelity?+
Yes. Fidelity customers can purchase any XRP ETF with zero commission. You can hold XRP ETFs in taxable accounts, IRAs, and 401(k)s through Fidelity.
Can I hold XRP ETF in my IRA or 401(k)?+
Yes. XRP ETFs can be held in Traditional IRAs, Roth IRAs, and 401(k)s. This is a major advantage over buying XRP directly, as you get significant tax benefits—especially with a Roth IRA where all gains are tax-free.
What is the minimum investment for XRP ETFs?+
Most brokerages offer fractional shares, so you can invest as little as $1 in any XRP ETF. There's no minimum required—you can start with any amount you're comfortable with.
Are XRP ETFs safe?+
XRP ETFs are SEC-regulated with institutional custody from providers like Coinbase Custody and BitGo. They're safer than self-custody in terms of security, but still carry the volatility risk inherent to cryptocurrency investments.
What is the total AUM of XRP ETFs?+
The combined assets under management (AUM) of all US spot XRP ETFs exceeds $1.5 billion, with over 780 million XRP tokens held in custody across all funds.
Track the Entire XRP Ecosystem
XRP ETFs are just one piece of the puzzle. Explore real-time data and see where all 100 billion XRP lives.
Track XRP ETFs in Real-Time
Our free dashboard shows live AUM, flows, and prices across all 7 XRP ETFs with 60-second updates.