Franklin XRP ETFFranklin XRP ETFFranklin XRP ETF

Franklin XRP ETF

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Key stats


Assets under management (AUM)
‪76.00 M‬USD
Fund flows (1Y)
‪69.72 M‬USD
Dividend yield (indicated)
Discount/Premium to NAV
−0.2%
Shares outstanding
‪3.15 M‬
Expense ratio

About Franklin XRP ETF


Brand
Franklin
Inception date
Nov 24, 2025
Structure
Grantor Trust
Index tracked
CME CF XRP-Dollar Reference Rate - Benchmark Price Return
Replication method
Physical
Management style
Passive
Distribution tax treatment
Ordinary income
Income tax type
Ordinary Income
Max ST capital gains rate
39.60%
Max LT capital gains rate
39.60%
Primary advisor
Franklin Advisers, Inc.
ISIN
US3552331072
XRPZ is designed to provide investors with regulated, convenient exposure to XRP. XRP is a digital asset most often used for fast, low-cost cross-border payments. Listed on NYSE Arca and tracking the CME CF XRP-Dollar Reference Rate (New York Variant), XRPZ is a passively managed grantor trust that directly holds XRP. Assets are primarily stored in secure cold storage, some may be temporarily held by the Prime Broker in a mix of cold and hot wallets for liquidity, with investors entitled to a pro-rata share. The ETF avoids leverage, derivatives, and fork/airdrop assets, simplifying XRP investment, but does not proxy direct ownership. Temporary trading balances may involve extra risks.

Classification


Asset Class
Currency
Category
Pair
Focus
Long Ripple, short USD
Niche
In specie
Strategy
Vanilla
Geography
Global
Weighting scheme
Single asset
Selection criteria
Single asset

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 28, 2025
Exposure type
Bonds, Cash & Other
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


XRPZ assets under management is ‪76.00 M‬ USD. It's risen 7.71% over the last month.
XRPZ fund flows account for ‪69.72 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, XRPZ doesn't pay dividends to its holders.
XRPZ shares are issued by Franklin Resources, Inc. under the brand Franklin. The ETF was launched on Nov 24, 2025, and its management style is Passive.
XRPZ follows the CME CF XRP-Dollar Reference Rate - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
XRPZ invests in cash.
XRPZ trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.