XRPR Fees and Costs — REX-Osprey XRP ETF
Data updated: 2026-08-06
The net expense ratio is 75.00%. There are no sales loads or redemption fees. Portfolio turnover was 35%.
XRPR Fees and Expenses
Annual operating expenses and sales charges of XRPR. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 75.00% |
| Fee waiver | — |
| Net expense ratio | 75.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
XRPR Costs Over Time
On $10,000 invested in XRPR, assuming 5% a year before costs, total costs come to $12,750 over 5 years, cutting the return by 78.75% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 75.00%) | $7,875 | $10,485 | $10,665 |
| Lost growth on money paid in costs | $0 | $911 | $2,086 |
| Total costs | $7,875 | $11,395 | $12,750 |
| Value after costs | $2,625 | $181 | $12 |
| Impact on return, per year | 78.75% | 78.75% | 78.75% |
XRPR Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $762.6M
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
XRPR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MAREX CAPITAL MARKETS INC. | $690.2M | 90.52% |
| JANE STREET EXECUTION SERVICES LLC | $58.9M | 7.73% |
| MONTAG | $10.2M | 1.34% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $3.2M | 0.42% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.