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XRPT2x XRP ETF

Take a bet1y track recordRanked #479 of 949 in this goal

Seeks daily investment results that correspond to 2x the daily performance of XRP.

By Volatility Shares LLC · Launched 2025

Annual Cost

3.13%

#5,829 of 5,854 · expensive

Fund Size

$49M

#3,654 of 5,854 · mid-size

Return (1Y)Goal

-94.7%

Track Record

1 year

#4,316 of 5,854 · young

Performance

Total-return NAV · USD
Growth of $10,000
$542-94.6%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Cryptocurrency

Strategy

Leveraged

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

TREASURY BILL
365.1%
US Bank Money Market Deposit Account
8.9%
N/AXRLH6
-9.0%
Clear Street
-361.7%

Asset allocation

Other
104.9%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
142.9%High

Year-on-year price swings

Max drawdown
-96.3%Severe

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of XRP.
Strategy
Seeks managed exposure to XRP futures contracts to achieve 2x daily returns on XRP. Invests primarily in XRP-linked instruments, including futures and options, to capture price movements for a single day.
Inception date
May 22, 2025
Fund family
Volatility Shares LLC

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-03