XRPT – 2x XRP ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of XRP. XRP is a digital asset that is created and transmitted through the operations of the “XRP Ledger,” a decentralized and public ledger upon which XRP transactions are processed and settled. Under normal circumstances, the fund will invest at least 80% of the value of its net assets (plus borrowings for investment purposes) in XRP-Linked Instruments. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
XRPT	2x XRP ETF	ETF	Open	—	—	May 22, 2025	$101.11M	3.130%	—	—	$155.76M

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