Bitwise XRP ETF Form 424B3 — Sep 28, 2026
Bitwise XRP ETF filed a Rule 424(b)(3) prospectus for its continuous offering of shares listed on NYSE Arca under ticker XRP. The Trust holds XRP directly, values shares daily against the CME CF XRP – Dollar Reference Rate – New York Variant, and charges a 0.34% unitary sponsor fee. Coinbase Custody Trust Company serves as XRP custodian with segregated cold-storage accounts, and BNY Mellon acts as administrator, transfer agent and cash custodian. Creations and redemptions occur in 10,000-share baskets, in-kind or for cash, with nine approved XRP trading counterparties including Coinbase, Cumberland DRW, FalconX and Wintermute.
Key figures
- Xrp total supply
- 100 billion XRP created at XRP Ledger launch in 2012
- Basket size shares
- 10000
- Ripple retained xrp
- 20 billion XRP retained by founders, ~80 billion provided to Ripple Labs
- Xrp ledger throughput tps
- 1500
- Sponsor fee percent per annum
- 0.34
- Xrp trading counterparties count
- 9
- Sponsor assumed legal fees cap usd
- 500000
AI analysis
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