Purpose XRP ETF (XRPP.U) USD Price
XRPP.U Market stats
About Purpose XRP ETF
The Purpose XRP ETF (Ticker: XRPP.U) is a Canadian-listed exchange-traded fund offered by Purpose Investments that allows investors to gain spot exposure to XRP, the native token of the XRP Ledger, without needing to deal with wallets, private keys, or cryptocurrency exchanges.
This ETF is available in multiple unit classes, including USD non-hedged (XRPP.U), CAD-hedged, and CAD non-hedged units. It tracks the performance of XRP using a time-weighted average price (TWAP) benchmark — specifically the Compass 3:45-4:00pm NY XRP Index in USD for the USD non-hedged units.
Purpose Investments has structured the fee schedule with 0% management fee until February 2026, after which the management fee for XRPP.U will be 0.69% per annum. The fund’s net asset value per share and the number of XRP per share vary as market price changes; at the latest reported date, XRPP.U had NAV around US $14.12, with approximately 4.539 XRP per share.
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