GXRP ETF — Grayscale XRP Trust ETF

Grayscale XRP Trust ETF (GXRP)

Updated October 16, 2026.

GXRP is an ETF. its expense ratio is 0.35%. Total return is -42.6% over the past 0.9 years, 58.0 points behind SPY at 15.4%.

Grayscale XRP Trust ETF is an exchange-traded fund that provides direct exposure to XRP, the cryptocurrency, offering an alternative to acquiring and storing XRP directly. The fund does not currently distribute income to shareholders and carries a zero percent expense ratio. This ETF appeals to investors seeking cryptocurrency exposure through a traditional fund wrapper without the complexity of direct digital asset ownership.

GXRP performance versus SPY

Price and return data through 2026-10-16.

Total return is -42.6% over the past 0.9 years, 58.0 points behind SPY at 15.4%. Its deepest 1-year drawdown was 57.0%.

GXRP key facts

Issuer

Grayscale Investments

Asset type

ETF

Asset class

Crypto

Inception date

11/24/2025

Expense ratio

0.35%

Distribution frequency

None

Last close

$25.09 (as of 2026-10-16)

AUM

$89,768,736

Average volume

14861.0

Beta

2.6637

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Grayscale Investments; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

GXRP risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 57.0%.

Who may consider GXRP — and who may not

It is a weaker fit for investors who need monthly cash flow (GXRP does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on GXRP

• All tickers starting with G

Tagged: Crypto.

Frequently asked questions

More securities from Grayscale Investments.