XRP ETF — Bitwise XRP ETF

Bitwise XRP ETF (XRP)

Updated October 16, 2026.

XRP is an ETF. its expense ratio is 0.34%. Total return is -35.6% over the past 0.9 years, 53.8 points behind SPY at 18.2%.

Bitwise XRP ETF is an exchange-traded fund that holds XRP tokens and tracks their value using the CME CF XRP Dollar Reference Rate as its pricing benchmark. The fund does not currently distribute income to shareholders. With an expense ratio of 0.34%, the ETF appeals to investors seeking direct exposure to XRP as a cryptocurrency asset.

XRP performance versus SPY

Price and return data through 2026-10-16.

Total return is -35.6% over the past 0.9 years, 53.8 points behind SPY at 18.2%. Its deepest 1-year drawdown was 57.0%.

XRP key facts

Issuer

Bitwise Investments

Asset type

ETF

Asset class

Crypto

Inception date

11/19/2025

Expense ratio

0.34%

Distribution frequency

None

Last close

$14.46 (as of 2026-10-16)

AUM

$619,417,043

Average volume

1348377.0

Beta

2.7883

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: Bitwise 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.

XRP 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 XRP — and who may not

It is a weaker fit for investors who need monthly cash flow (XRP 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 XRP

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Tagged: Crypto.

Frequently asked questions

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