Introduction to CoinShares Physical XRP ETP
The CoinShares Physical XRP ETP is a 100% physically backed Exchange Traded Product (ETP) designed to provide secure, transparent, and cost-efficient exposure to XRP, the native asset of the Ripple network.
👉 Discover where to buy our ETPs
Key Features
- Physically Backed: Each ETP unit is fully collateralized by XRP held in institutional custody.
- Transparent Reserves: Publicly verifiable reserves audited by The Network Firm via LedgerLens.
- Convenient Trading: Accessible through major investment platforms across Europe.
Why Invest in CoinShares Physical XRP ETP?
1. Simplified Exposure to XRP
Gain direct exposure to XRP without the complexities of managing private keys or wallets. Trade seamlessly through your preferred brokerage platform.
2. Institutional-Grade Security
XRP holdings are safeguarded by Komainu, a regulated institutional custodian, ensuring robust asset protection.
3. Real-Time Transparency
Investors can verify reserves 24/7 via CoinShares’ Proof of Reserves.
4. Tax Efficiency
Structured as a debt security in Jersey, the ETP offers potential tax advantages depending on local regulations.
Product Details
Identification
- Product Name: CoinShares Physical XRP ETP
- Ticker: XRRL (EUR), XRPL (USD/CHF/EUR)
- ISIN: GB00BLD4ZN31
Performance Metrics
| Period | Return (%) |
|---|---|
| YTD | [Data] |
| 1 Month | [Data] |
| 3 Months | [Data] |
| Since Launch | [Data] |
Key Risks
- Market volatility may impact XRP’s value.
- ETPs are complex instruments; investors could lose their entire investment.
Trading Information
Available Markets
| Exchange | Currency | Ticker |
|---|---|---|
| XETRA (Germany) | EUR | XRRL GY |
| SIX Swiss Ex | USD/CHF/EUR | XRPL SE |
| Euronext Paris | EUR | XRPL FP |
How to Buy
- Copy the ISIN/Ticker: GB00BLD4ZN31 or XRRL/XRPL.
- Log in to your brokerage platform.
- Search using the ISIN or ticker.
- Place your order and confirm the transaction.
FAQs About XRP and Ripple
Q: What is Ripple’s primary function?
A: Ripple provides blockchain-based solutions for cross-border payments, notably through RippleNet and On-Demand Liquidity (ODL).
Q: Is XRP the same as Ripple?
A: No. XRP is the cryptocurrency used within Ripple’s ecosystem, while Ripple is the company developing the technology.
Q: Can I invest in Ripple stock?
A: Ripple is privately held; XRP is the publicly tradable asset linked to its network.
Conclusion
The CoinShares Physical XRP ETP combines security, transparency, and ease of access for investors seeking exposure to XRP. With institutional custody and real-time audits, it’s a trusted gateway to the Ripple ecosystem.
👉 Explore XRP ETP trading today