# Grayscale XRP Trust ETF (GXRP)

> Source: Nexqual · https://nexqual.com/GXRP · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Grayscale XRP Trust ETF (GXRP), nexqual.com/GXRP" · informational, not investment advice.

**Price:** USD 25.18 (-0.08% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 25.2 · day 25.18–25.62 · 52w 19.25–46.51 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y -42.4% vs S&P 500 +13.4%; 5Y -40.4% vs S&P 500 +76.9%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2025 | TTM |
|---|---|---|
| Net income | -$37.9M | -$90.4M |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)


## Total return (dividends reinvested)
|  | 1Y (from 2025-11-24) | 5Y (from 2025-11-24) |
|---|---|---|
| Total return | -42.4% | -40.4% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | — | — |
| Volatility (annualized) | 70.0% | 53.8% |
| Max drawdown | -57.0% (Jan 2026→Aug 2026) | -54.2% (Nov 2025→Aug 2026) |

## Peers
XRPZ (Franklin XRP ETF) USD 14.13 -0.21% · XRPC (Canary XRP ETF) USD 13.8 -0.00% · XRPR (REX-Osprey XRP ETF) USD 10.55 -0.83% · XRP (Bitwise XRP ETF) USD 14.55 +0.14% · TOXR (21Shares XRP ETF) USD 12.67 -0.28%

## More
Full page: https://nexqual.com/GXRP · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in GXRP's own 10-K filed 2026-03-12 (https://www.sec.gov/Archives/edgar/data/2037427/000119312526104248/ck0002037427-20251231.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | FTX Trading | "For example, in November 2022, FTX, another of the world's largest Digital Asset Trading Platforms, filed for bankruptcy protection and subsequently halted customer withdrawals as well as trading on its FTX.US platform." |