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Why this XRP ETF could drift from XRP price as fees, trading costs and fund structure stack up
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Why this XRP ETF could drift from XRP price as fees, trading costs and fund structure stack up
REX-Osprey’s XRP ETF held 40.25% of its assets in the CoinShares Physical XRP ETP on Aug. 24, routing $22.87 million of a $56.68 million portfolio through another listed product. That structure means XRP ETF fees and trading costs can stack up across two listed products. The same holdings snapshot reported 59.74% as XRP, with 4.7 million XRPR shares outstanding, a $12.09 net asset value and a $12.06 closing price. That split is not evidence that…
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