XRP logo GXRP ETC Group Physical XRP

Buy XRP

just like an ETF

100% physically backed, this ETC gives you seamless exposure to Ripple's XRP governance token. Ripple is a payment settling, currency exchange and remittance system for financial institutions with its own cryptocurrency XRP. The project is primarily dedicated to payment transactions between different currency areas and tries to increase efficiency within payment corridors.

Ticker
ISIN

Advantages of GXRP

Simple trading, with no digital wallet required

Buy and sell like any stock or ETF through your regular broker or bank. No new account needed, just enter the ticker or ISIN on your trading platform.

Institutional-grade asset custody

The XRP is kept in cold-storage at a regulated custodian, and all assets are secured by an independent trustee, thus eliminating issuer default risk.

100% backed & physical redemption

You are legally entitled to the underlying XRP and you can redeem the ETP for the сryptocurrency, alternatively to selling on exchange.

Regulated and listed on major exchanges

Issued in Germany under German regulatory oversight, the ETP’s primary listing is on XETRA, the largest ETF exchange in Europe.

GXRP Product Specifications

Overview

Ticker GXRP
ISIN DE000A3GYNB0
WKN A3GYNB
TER 1,95 %
Asset Class Digital Assets/ Cryptocurrency
Underlying Exposure XRP

Composition

0 logo XRP (XRP) 100%

XRP Holdings

Total holdings
in cold-storage custody
Name XRP
Symbol XRP
Shares outstanding 88,900
Cryptocurrency Entitlement (per unit) 14.66629556
AuM Amount 1,303,833.675
AuM market value (USD) 627,318
% of net assets 100.00

GXRP Performance

Period 1 month 3 month 1 year 2 years
Low
High
Performance
Data based on EUR prices on Deutsche Börse XETRA

GXRP NAV

The net asset value (NAV) of an ETC represents
the net $ value per underlying cryptocurrency
Ticker GXRP
Base currency USD
NAV (USD) 7.06
NAV daily change 3.71%  /  $ 0.25
NAV YTD change 36.21%
NAV since inception -39.06%
Update: German tax treatment of Crypto ETCs

ETC Group investment products are tax-free in Germany after a one-year holding period

E&Y: ETC – Crypto without the cryptic?

How investors gain digital asset exposure while trading on traditional stock exchanges.

GXRP Trading Information

Exchange
Ticker BBG
RIC
SEDOL
ISIN
Valoren
WKN
Currency
Listing Date
GXRP GR
Ticker
Listing date:
RIC GXRP.DE
SEDOL BQ7ZVB7
ISIN DE000A3GYNB0
Valoren
WKN A3GYNB
EUR
2022-04-21
GXRQ GR
Ticker
Listing date:
RIC GXRQ.DE
SEDOL BQ7ZVC8
ISIN DE000A3GYNB0
Valoren
WKN A3GYNB
USD
2022-04-21
GXRP SE
Ticker
Listing date:
RIC GXRP.S
SEDOL BP2R401
ISIN DE000A3GYNB0
Valoren 118513061
WKN
CHF
2022-07-05
Registered for sale
cz flag Česká Republika dk flag Danmark de flag Deutschland es flag España fr flag France ie flag Ireland it flag Italia lu flag Luxembourg mt flag Malta nl flag Nederland no flag Norge at flag Österreich pl flag Polska ch flag Schweiz fi flag Suomi se flag Sverige

Liquidity

Market Makers /
Authorised Participants (APs)
detailed info
Flow Traders B.V. (Headquarters)
Jane Street Financial Limited
DRW Europe B.V.
Goldenberg Hehmeyer LLP
Bluefin Europe LLP
XTX Markets SAS
Virtu Financial Ireland Limited
AP Capital Management
(Hong Kong) Limited
Product Details

Overview

Ticker GXRP
ISIN DE000A3GYNB0
WKN A3GYNB
TER 1,95 %
Asset Class Digital Assets/ Cryptocurrency
Underlying Exposure XRP

Key Service Providers

Issuer ETC Issuance GmbH
Custodian BitGo Trust Company
Security Trustee Apex Corporate Trustees (UK) Limited
Administrator Apex Corporate & Advisory Services Ltd
Registrar Clearstream Banking AG

ETC Structure

Domicile Germany
Primary Listing Deutsche Börse XETRA
Issue Date 07.04.2022
Inception Date 19.04.2022
Legal Form Debt Security
Product Structure ETC
Physical Settlement Yes (Both Creation & Redemption)
Leverage 1:1 (No leverage)
Minimum Investment 1 unit
Expiry Date Open Ended
Entry Exit Fees* None
Replication Method Physically allocated (100% collateral)
* Your broker will charge commissions to trade the ETC like shares

Legal & Tax

UCITS Compliant No
UCITS Eligible Contact us for more information
ISA Eligible Yes
SIPP Eligible Yes

ETC Group has partnered with the leading providers of digital asset custody

BitGo Trust pioneered multi-signature security in 2013 and, since then has become an industry standard in delivering institutional grade security solutions for digital assets.

Regulated & Certified

Being the first qualified custodian purpose-built for holding digital assets, BitGo Trust Company is an independent trust company regulated by the South Dakota Division of Banking, and SOC 2 Type 1 & 2 certified.

Cold img Wallets

All ETC assets are kept in cold wallets. Cold wallets mean that the digital wallets are not connected to the internet. This protects the wallets from hacks, unauthorized access, and other vulnerabilities.

Multi-Signature
img Security

Digital asset are stored using a multi-signature technology and can only be accessed when sharded keys held by separate entities are unities. This creates additional layers of security to protect investor funds.

Insured img

BitGo's $250 million custody insurance policy protects against third-party hacks, theft or dishonest acts by BitGo employees or executives as well as the loss of keys.

Simple and secure access to crypto

Use the account you already have or select from a wide range of platforms

Crypto Savings Plan

Build wealth step by step: Our ETCs are available in the savings plan programs of our brokerage partners.

Learn More
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Key risks of Crypto ETPs

  1. Investor's capital is at risk and investors may not get back the amount originally invested and should obtain independent advice before making a decision.
  2. Any decision to invest should be based on the information contained in the relevant prospectus.
  3. ETP securities are structured as debt securities, not as equity.
  4. ETPs trade on exchanges like securities. They are bought/sold at market prices which may be different to the net asset value of the ETP.