XRPT Fees and Costs — 2x XRP ETF
Data updated: 2026-09-02
The net expense ratio is 3.13%: a 1.85% management fee plus 1.28% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 0%.
XRPT Fees and Expenses
Annual operating expenses and sales charges of XRPT. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.28% |
| Gross expense ratio | 3.13% |
| Fee waiver | — |
| Net expense ratio | 3.13% |
| 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 |
XRPT Costs Over Time
On $10,000 invested in XRPT, assuming 5% a year before costs, total costs come to $1,876 over 5 years, cutting the return by 3.29% 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 3.13%) | $329 | $1,003 | $1,701 |
| Lost growth on money paid in costs | $0 | $50 | $176 |
| Total costs | $329 | $1,053 | $1,876 |
| Value after costs | $10,171 | $10,523 | $10,887 |
| Impact on return, per year | 3.29% | 3.29% | 3.29% |
XRPT 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): $2.2B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
XRPT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CLEAR STREET LLC | $1.3B | 56.08% |
| MAREX CAPITAL MARKETS INC. | $982.9M | 43.92% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.