What Is the CoinShares Physical XRP ETP?
The CoinShares Physical XRP ETP offers investors a secure, transparent, and cost-efficient way to gain exposure to XRP, the native digital asset of the Ripple network. Unlike speculative or derivative-based investment vehicles, this ETP is 100% physically backed—meaning every share issued corresponds directly to actual XRP holdings stored in cold storage with an institutional-grade custodian.
This structure provides peace of mind for investors seeking regulated, auditable access to digital assets without managing private keys or navigating cryptocurrency exchanges directly.
👉 Discover how you can invest in XRP with confidence and ease.
Why Choose a Physical XRP ETP?
Seamless Integration into Traditional Portfolios
One of the biggest advantages of the CoinShares Physical XRP ETP is its compatibility with traditional brokerage platforms. Investors can buy and hold shares just like any other exchange-traded product—no need for crypto wallets, seed phrases, or complex onboarding processes.
Whether you're using a European broker or a global investment platform, adding XRP exposure has never been simpler.
Fully Backed by Real XRP Holdings
Unlike synthetic or leveraged products, the CoinShares ETP holds actual XRP tokens in custody. For every unit issued, an equivalent amount of XRP is purchased and securely stored through Komainu, a joint venture between Nomura, Ledger, and SBI Group—three leaders in finance and blockchain security.
This ensures full alignment between the ETP’s value and the real-world price of XRP.
Transparent and Audited Reserves
Transparency is critical when investing in digital assets. CoinShares publishes daily proof-of-reserves data verified by independent auditors The Network Firm. Using their proprietary LedgerLens® tool, investors can view real-time reserve balances and confirm that the ETP is always fully backed.
This level of openness builds trust and reduces counterparty risk—a major concern in the crypto space.
Key Features at a Glance
- Product Name: CoinShares Physical XRP ETP
- Ticker Symbols: XRRL (EUR), XRPL (USD/CHF/EUR on SIX), XRPL FP (EUR in France)
- ISIN: GB00BLD4ZN31
- Structure: Debt Security (ETP)
- Replication Method: Physical
- Domicile: Jersey
- Inception Dates: April 2021 (Switzerland), April 2022 (Germany), March 2025 (France)
The ETP trades across multiple European markets, including:
- Xetra (Germany) – EUR denominated
- SIX Swiss Exchange (Switzerland) – USD, CHF, and EUR tranches available
- Euronext Paris (France) – EUR denominated since March 2025
How to Invest in the CoinShares XRP ETP
Investing is straightforward and integrates smoothly with existing brokerage accounts:
- Copy the Product ID
Use either the ISIN (GB00BLD4ZN31) or the relevant ticker depending on your preferred currency and exchange. - Access Your Brokerage Account
Log in to your current investment platform or open one that supports ETPs. - Search for the ETP
Enter the ticker or ISIN to locate the correct product. - Place Your Order
Specify the number of shares you'd like to purchase and confirm the trade—just like buying stocks.
No crypto exchange account? No problem. This ETP removes technical barriers while delivering direct economic exposure to XRP.
👉 See how easy it is to start building your digital asset portfolio today.
Frequently Asked Questions (FAQ)
What is the difference between XRP and Ripple?
While often used interchangeably, Ripple refers to the company that develops financial technology solutions, particularly for cross-border payments. XRP is the native cryptocurrency of the Ripple network, used to facilitate fast settlements and provide liquidity across borders. You can think of Ripple as the builder and XRP as the fuel powering its systems.
Does Ripple have publicly traded stock?
No, Ripple Labs remains a privately held company and does not offer public stock. However, investors can gain exposure to its ecosystem through XRP, which trades freely on various platforms and is accessible via regulated products like the CoinShares ETP.
How is the ETP backed and stored?
The CoinShares Physical XRP ETP is fully backed by actual XRP tokens held in cold storage. These assets are safeguarded by Komainu, an institutional digital asset custodian known for high-security standards and regulatory compliance.
Is past performance indicative of future results?
Past performance is not a reliable indicator of future returns. Cryptocurrency markets are highly volatile, and investing in XRP—whether directly or through an ETP—carries risk. Investors should carefully consider their risk tolerance and conduct due diligence before investing.
Can I redeem ETP shares for physical XRP?
No, redemption is not available to retail investors. The ETP is designed for trading on public exchanges rather than direct asset withdrawal. Institutional participants may have different arrangements under specific conditions.
What are the main risks involved?
Investing in crypto ETPs involves several risks:
- Market volatility affecting XRP price
- Regulatory changes impacting digital assets
- Liquidity fluctuations in secondary markets
- Counterparty risk related to custodians or issuers
Capital is at risk; investors may lose part or all of their investment.
Understanding Ripple’s Role in Global Finance
Ripple is a fintech company focused on transforming international payments. Its flagship network, RippleNet, connects banks and payment providers globally, enabling faster settlement times compared to traditional SWIFT transfers.
A key innovation is On-Demand Liquidity (ODL), which uses XRP as a bridge currency to eliminate pre-funded accounts in foreign currencies. This reduces capital requirements and speeds up transactions—especially beneficial for remittances and emerging market corridors.
As financial institutions continue exploring efficient settlement mechanisms, Ripple's infrastructure—and by extension, demand for XRP—remains strategically relevant.
Final Thoughts: Why This ETP Stands Out
The CoinShares Physical XRP ETP stands out as one of the most accessible, secure, and transparent ways to invest in XRP within regulated markets. With physical backing, regular audits, multi-jurisdictional listings, and integration into mainstream investing platforms, it bridges the gap between traditional finance and digital asset innovation.
Whether you're a long-term believer in blockchain-based payments or seeking diversified exposure to crypto assets, this ETP offers a streamlined entry point.
👉 Take control of your investment journey with tools built for modern markets.
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