The world of digital assets continues to evolve, and with it, the demand for secure, transparent, and accessible investment vehicles. Among the most trusted options for gaining exposure to XRP is the CoinShares Physical XRP ETP, a regulated exchange-traded product designed to meet the needs of both retail and institutional investors.
This comprehensive guide explores how the CoinShares Physical XRP ETP works, its benefits, trading details, and key considerations for investors looking to include XRP in their portfolios.
What Is the CoinShares Physical XRP ETP?
The CoinShares Physical XRP ETP is a 100% physically backed exchange-traded product that provides direct exposure to XRP, the native cryptocurrency of the Ripple network. Unlike synthetic or futures-based products, this ETP holds actual XRP tokens in custody, ensuring a one-to-one backing for every share issued.
👉 Discover how you can start investing in XRP with confidence today.
Backed by institutional-grade security and audited regularly for transparency, the ETP offers a regulated and cost-efficient way to invest in one of the most widely discussed digital assets in the global financial ecosystem.
Why Choose a Physical ETP?
Physical backing means real ownership. When you invest in the CoinShares Physical XRP ETP, an equivalent amount of XRP is purchased and securely stored on your behalf. This eliminates counterparty risk and ensures that the value of the ETP directly reflects the market price of XRP.
Custody is managed by Komainu, a leading digital asset custodian jointly developed by Nomura, Ledger, and KDDI, providing enterprise-level protection for investor holdings.
Key Features of the XRP ETP
✅ 100% Physically Backed
Each unit of the ETP corresponds to a real XRP token held in cold storage. This structure ensures full asset backing and reduces complexity compared to leveraged or derivative-based crypto products.
✅ Transparent Reserves
Transparency is a cornerstone of trust in digital asset investing. CoinShares publishes real-time proof-of-reserves through its LedgerLens™ tool, independently verified by The Network Firm. Investors can verify at any time that the ETP’s reserves match its outstanding shares.
👉 See live reserve verification and strengthen your investment decision-making.
✅ Easy Access Through Traditional Brokers
You don’t need a crypto wallet or exchange account to invest. The CoinShares Physical XRP ETP trades on major European stock exchanges like Xetra (Germany) and SIX Swiss Exchange (Switzerland), making it accessible through your existing brokerage platform.
Just search using the ISIN (GB00BLD4ZN31) or ticker (XRRL, XRPL) to place your order—just like buying any other stock or ETF.
✅ Multi-Currency Listings
To suit international investors, the ETP is listed in multiple currencies:
- EUR (XRRL GY on Xetra; XRPLEUR SE on SIX)
- USD (XRPL SE on SIX)
- CHF (XRPLCHF SE on SIX)
This flexibility allows investors to manage currency risk while gaining pure-play exposure to XRP’s price movements.
How to Invest in the CoinShares XRP ETP
Investing is simple and integrates seamlessly into traditional portfolio management:
- Copy the Product ID – Use the ISIN GB00BLD4ZN31 or relevant ticker based on your exchange.
- Log in to Your Brokerage Account – Whether you're using a German, Swiss, or French broker, access is straightforward.
- Search and Select the ETP – Enter the ticker or ISIN in your trading interface.
- Place Your Order – Buy shares just as you would with any equity.
No need for KYC processes beyond your broker’s standard requirements—this regulated product fits neatly within conventional investment frameworks.
Understanding XRP and the Ripple Network
What Does Ripple Do?
Ripple Labs is a fintech company focused on revolutionizing cross-border payments. Its flagship network, RippleNet, connects banks and payment providers globally, enabling faster and cheaper international transfers.
One of its core innovations is On-Demand Liquidity (ODL), which uses XRP as a bridge currency to eliminate pre-funded nostro accounts. This reduces capital requirements and settlement times from days to seconds.
While Ripple develops the technology, XRP operates as the digital asset that powers liquidity within this ecosystem.
Are XRP and Ripple the Same?
No. Ripple refers to the company and its suite of financial solutions. XRP is the independent cryptocurrency used on the Ripple network. You cannot buy stock in Ripple (as it's privately held), but you can gain exposure to its ecosystem through XRP.
Does Ripple Have Publicly Traded Stock?
No. Ripple remains a private company with no public stock offering. As such, XRP serves as the closest publicly tradable asset linked to Ripple’s technology and adoption roadmap.
Frequently Asked Questions (FAQ)
Q: Is the CoinShares XRP ETP safe?
A: Yes. It is fully backed by physical XRP held in institutional custody, independently audited, and listed on regulated exchanges—offering a high level of investor protection.
Q: Where can I trade the XRP ETP?
A: The product trades on Xetra (Germany), SIX Swiss Exchange (Switzerland), and Euronext Paris (France), with listings in EUR, USD, and CHF.
Q: How is this different from buying XRP directly on a crypto exchange?
A: The ETP offers regulated access without managing private keys or wallets. It’s ideal for investors who prefer traditional brokerage accounts and want exposure without operational complexity.
Q: Can I redeem ETP shares for actual XRP?
A: No—this is not a redeemable product for retail investors. Shares represent exposure only; physical delivery of XRP is not available.
Q: What are the risks involved?
A: As with all crypto investments, capital is at risk. Prices can be volatile, and past performance does not guarantee future results. Regulatory changes may also impact market dynamics.
Q: How often are reserves verified?
A: Proof-of-reserves data is updated weekly and publicly accessible via LedgerLens™, with independent verification by The Network Firm.
Final Details
- Domicile: Jersey
- Legal Structure: Debt Security (ETP)
- Replication Method: Physical (full replication)
- Launch Dates: April 2021 (SIX), April 2022 (Xetra), March 2025 (Euronext Paris)
All key documents—including the Factsheet, KID (Key Information Document), and Prospectus—are available directly through CoinShares’ official resources for due diligence.
Why Now Is the Time to Consider XRP Exposure
With increasing institutional interest in digital assets and growing clarity around regulatory frameworks in Europe, products like the CoinShares Physical XRP ETP are becoming essential tools for modern portfolios.
Whether you're hedging against traditional financial inefficiencies or positioning for innovation in global payments, XRP represents a unique intersection of technology and finance—and this ETP makes it easier than ever to participate.
👉 Take your next step toward diversified digital asset exposure—start with a trusted gateway.
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