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The Fund seeks to reflect generally the performance of the price of XRP before payment of the Fund's expenses. The Shares are intended to offer a convenient means of making an investment similar to an investment in XRP relative to acquiring, holding and trading XRP directly on a peer-to-peer or other basis or via a digital asset platform. The Shares have been designed to remove obstacles associated with the complexities and operational burdens involved in a direct investment in XRP by providing an investment with a value that reflects the price of the XRP owned by the Fund at such time, less the Fund's expenses. The Fund is not a proxy for a direct investment in XRP. Rather, the Shares are intended to provide a cost-effective alternative means of obtaining investment exposure through the securities markets that is similar to an investment in XRP. The Fund is a passive investment vehicle and is not a leveraged product.
Franklin Xrp ETF trades on the ARCA stock market under the symbol XRPZ.
As of March 9, 2026, XRPZ stock price climbed to $14.90 with 85,889 million shares trading.
XRPZ has a beta of -0.07, meaning it tends to be less sensitive to market movements. XRPZ has a correlation of 0.00 to the broad based SPY ETF.
XRPZ has a market cap of $226.48 million. This is considered a Small Cap stock.
XRPZ support price is $14.18 and resistance is $15.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that XRPZ shares will trade within this expected range on the day.