Overview
The CoinShares XBT Physical XRP ETP offers a 100% physically-backed investment solution for gaining secure, transparent, and cost-efficient exposure to XRP. Domiciled in Sweden and traded in SEK, this ETP is designed for investors seeking direct access to XRP without managing private keys.
Key Features
1. Best-in-Class XRP ETP
- Available in SEK: Trade seamlessly on Swedish platforms.
- 100% Physical Backing: Each ETP unit is backed by actual XRP stored with institutional custodians (Komainu and Zodia).
- Transparency: Reserves audited by The Network Firm and visible via LedgerLens.
2. Tax Advantages
- Eligible for Swedish ISK (Investment Savings Account), optimizing tax efficiency.
3. Risk Disclosure
- Capital at risk—past performance doesn’t guarantee future results.
Trading Details
| Metric | Detail |
|----------------------|---------------------------------|
| Exchange | Nasdaq Stockholm (Sweden) |
| Currency | SEK |
| Ticker | COINXRP SS Equity |
| ISIN | SE0024367130 |
How to Invest
- Copy Product ID: ISIN or Ticker (above).
- Open Broker Account: Use existing or new accounts.
- Search Product: Paste ISIN/Ticker.
- Confirm Order: Specify share quantity.
FAQs
Q: What is Ripple’s role?
A: Ripple provides cross-border payment solutions (e.g., RippleNet) for financial institutions, leveraging XRP for liquidity.
Q: Is XRP the same as Ripple?
A: No—XRP is the cryptocurrency; Ripple is the company behind the technology.
Q: Can I buy Ripple stock?
A: Ripple is private; only XRP (crypto) is tradable.
Why Choose This ETP?
- Security: Institutional custody.
- Simplicity: No direct crypto handling.
- Compliance: Swedish-regulated structure.
Updated for 2025 market standards.
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