CoinShares Physical XRP ETP: A Secure Investment Product

·

The CoinShares Physical XRP ETP offers a secure, transparent, and cost-effective way to gain exposure to XRP, the native digital asset of the Ripple network. This exchange-traded product is fully backed by physical XRP tokens, providing investors with a trusted gateway into the world of digital assets without the complexities of direct cryptocurrency ownership.

Key Features of the Physical XRP ETP

Simplified Access to XRP

With the CoinShares Physical XRP ETP, you can gain exposure to XRP directly through your preferred investment platform. This allows you to maintain all your investments in one convenient location, eliminating the need for multiple accounts or specialized crypto exchanges.

100% Physically Backed

This ETP is fully collateralized by physical XRP holdings. For every investment made into the product, an equivalent amount of XRP is purchased and securely stored with Komainu, a regulated institutional custodian. This structure ensures that the product's value directly reflects the underlying asset.

Complete Transparency

CoinShares maintains full transparency regarding its ETP reserves, which are regularly verified by The Network Firm. Through the LedgerLens solution, investors can independently verify that the products are always backed by the appropriate amount of underlying digital assets.

👉 View real-time reserve verification tools

Product Identification

Essential Documentation

Performance Tracking

Monitoring the performance of your investment is crucial. The Physical XRP ETP provides regular updates on:

Please note that past performance does not guarantee future results, and all investments carry inherent risks.

Investment Risks

Investors should be aware that capital invested in ETPs is subject to market risks, and it is possible to lose some or all of your investment. ETPs are complex products that may be difficult to understand fully. Historical data refers to past performance, which is not a reliable indicator of future returns.

Trading Information

The CoinShares Physical XRP ETP is available on multiple exchanges:

Germany

Switzerland

France

Product Structure and Service Providers

Legal Structure

Key Service Providers

How to Invest in CoinShares Physical XRP ETP

Step 1: Copy the Product Identifier

Copy the ISIN (GB00BLD4ZN31) or the relevant ticker symbol for the CoinShares ETP you wish to purchase. This information is essential for identifying the correct financial product.

Step 2: Access Your Investment Platform

Log into your existing investment account or create a new one with a brokerage that offers access to ETP products.

Step 3: Search for the Product

Once logged in, search for the product by pasting the ISIN or ticker symbol and select it from the results.

Step 4: Place Your Order

Determine the number of ETP shares you want to purchase, review your order details, and confirm the transaction.

👉 Explore advanced investment strategies

Understanding Ripple and XRP

What Does Ripple Do?

Ripple is a technology company that provides solutions for cross-border payments and financial institutions. Its products, including RippleNet and On-Demand Liquidity (ODL), aim to facilitate fast and low-cost international transactions.

The Relationship Between XRP and Ripple

XRP is the native cryptocurrency of the Ripple network, designed to facilitate cross-border payments and liquidity. While Ripple refers to the company developing the technology and products, XRP is the digital asset native to the Ripple ecosystem.

Are Ripple Shares Available?

Ripple is a privately held company that does not offer publicly traded shares. Instead, the company has developed the XRP digital asset, which serves as the native cryptocurrency within its network. XRP facilitates cross-border payments and liquidity, complementing Ripple's solutions for financial institutions.

Frequently Asked Questions

What is an ETP?
An Exchange-Traded Product (ETP) is a type of security that tracks underlying assets and trades on traditional stock exchanges. The CoinShares Physical XRP ETP specifically tracks the price of XRP while providing the convenience of traditional market access.

How does physical backing work?
For each unit of the Physical XRP ETP, a corresponding amount of XRP is purchased and held in secure custody. This ensures that the product's value directly mirrors the performance of the underlying cryptocurrency.

What are the custody arrangements?
XRP tokens backing the ETP are stored with Komainu, a regulated institutional custodian specializing in digital asset storage. Regular audits by The Network Firm ensure transparency and adequate backing.

Can I redeem my ETP for physical XRP?
The Physical XRP ETP is designed for traditional investment exposure rather than direct redemption for physical cryptocurrency. Investors seeking direct ownership of XRP would need to use cryptocurrency exchanges and wallets.

What are the tax implications?
Tax treatment varies by jurisdiction. Generally, ETPs may be subject to different tax rules than direct cryptocurrency ownership. Consult with a tax professional in your country for specific guidance.

How does this differ from buying XRP directly?
The ETP provides exposure to XRP price movements without the technical challenges of managing private keys, finding reputable exchanges, or navigating cryptocurrency wallets. It also allows holding XRP exposure within traditional investment accounts.

Stay Informed with Market Insights

Receive regular market analysis from industry experts directly in your inbox. Customize your subscription by selecting your country and investor profile to receive content tailored to your specific needs and interests.

The CoinShares Physical XRP ETP represents a bridge between traditional finance and digital assets, offering a regulated, transparent, and accessible way to gain exposure to XRP's potential while mitigating some of the technical challenges associated with direct cryptocurrency ownership.