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Bitwise XRP ETF (XRP)

This exchange-traded fund (ETF) provides a passively managed pathway for investors to gain access to XRP. The valuation of the fund's underlying assets is determined by the CME CF XRP Dollar Reference Rate New York Variant, a USD-denominated benchmark that establishes the official XRP price daily at 4:00 PM Eastern Time. This reference rate is calculated by compiling executed trade data from prominent XRP trading platforms. Additionally, an Indicative Trust Value (ITV) per share, reflecting the CME XRP Real-Time Price, is disseminated every 15 seconds during standard market hours, from 9:30 AM to 4:00 PM ET. XRP can be employed for transactional purposes, such as purchasing goods and services, or converted into traditional fiat currencies. However, its fundamental purpose is to serve as a utility for transactions, rather than primarily as a store of value. The XRP Ledger and XRP are engineered to significantly boost the speed of transactions and reduce the costs and inefficiencies typically linked with conventional interbank payment systems.

Sector: Commodity Contracts Brokers & Dealers

Industry: Asset Management - Cryptocurrency

Bitwise XRP ETF logo

Bitwise XRP ETF

NYSE:XRPFinancial Services
Pre-7.35%$12.10
Close$13.06-4.74%AH$13.18-8.19%since
Mkt Cap$486.62M
Float-
O/S37.26M
PM VOL10K sh
$ Vol≈$126K
RVOL1.44×
Inst Own17.5%
Dilution
Bitwise XRP ETF logoNYSE:XRPPre$12.10-7.35%
FormDescription
10-Q
Quarterly Report
EFFECT
Notice of Effectiveness
424B3
PROSPECTUS
6
POS AM
POST-EFFECTIVE AMENDMENT NO. 2 TO FORM S-1
3
10-Q
Quarterly Report
10-Q
Quarterly Report
424I
SEC Filing
10-K
Annual Report
424B3
PROSPECTUS
POS EX
POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-1
CERT
NYSE ARCA CERTIFICATION
8-A12B
FOR REGISTRATION OF CERTAIN CLASSES
S-1/A
AMENDMENT NO. 4 TO FORM S-1
CORRESP
SEC Filing
S-1/A
AMENDMENT NO. 3 TO FORM S-1
UPLOAD
SEC Filing
S-1/A
AMENDMENT NO. 2 TO FORM S-1
UPLOAD
SEC Filing
S-1/A
AMENDMENT NO. 1 TO FORM S-1
S-1
REGISTRATION STATEMENT