21Shares Ripple XRP ETP (FR:AXRP) Price & Chart
FR:AXRP ETF Chart & Stats
- Day’s Range
- EUR 31.10 - EUR 31.59
- 52-Week Range
- EUR 23.18 - EUR 63.54
- Previous Close
- EUR 31.42
- Volume
- 982
- Average Volume (3M)
- 9,104
- AUM
- 327.87M
- NAV
- 35.02
- Expense Ratio
- 2.50%
- Holdings Count
- 0
- Beta
- 0.92
- Inception Date
- Apr 02, 2019
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 9,175,000
- Standard Deviation
- N/A
ETF Overview
21Shares Ripple XRP ETP
The 21Shares Ripple XRP ETP, trading under the ticker DE:21XP, offers a sophisticated investment vehicle designed for those looking to capitalize on the dynamic world of cryptocurrency, specifically focusing on the Ripple XRP token. This Exchange Traded Product (ETP) is meticulously crafted to cater to investors with a strategic interest in leveraging the value of XRP against the US Dollar, by adopting a pair-focused approach that is long on XRP and short on USD. Within the niche market of In Specie transactions, the 21Shares Ripple XRP ETP stands out by allowing direct and efficient exposure to XRP, which is backed by physical assets. This innovative financial instrument provides investors with a seamless way to invest in one of the leading cryptocurrencies without the complexities of digital wallets or exchanges. By investing in DE:21XP, participants can enjoy the potential upside of XRP, driven by its growing adoption in the financial technology space, while simultaneously hedging against traditional fiat currency fluctuations. Ideal for investors who are looking to diversify their portfolio with a cutting-edge asset class, the 21Shares Ripple XRP ETP presents a compelling opportunity to engage with the future of finance through a regulated and transparent investment fund.