XXRP ETF: What Is It? — Returns, Expense Ratio, Holdings, and Alternative ETFs
The Tuttle Capital 2x Long Daily XRP ETF (XXRP) is a leveraged product designed to track twice the daily price movement of XRP. It may be worth considering for its XXRP outlook and short-term trading strategy, but it is characterized by high volatility.
SubscribeIt is an actively managed leveraged ETF that seeks to deliver twice the daily price movement of XRP. It uses derivatives to reset its target exposure each day.
It is suited to short-term traders with a high-risk tolerance who want to bet on the short-term direction of XRP.
It is an actively managed ETF operated by Tuttle Capital.
How Does the Tuttle Capital 2x Long Daily XRP ETF Work?
| Item | Details |
|---|---|
| Benchmark | Twice the daily price movement of XRP |
| Management approach | Active (derivatives such as swaps and futures) |
| Rebalancing frequency | Once daily |
| Distribution schedule | Irregular distributions |
| Total expense ratio | 2.77% |
Through a Cayman Islands subsidiary, the fund invests in XRP futures and swap contracts to seek returns equal to twice the daily price movement of XRP. It resets its positions after each market close to maintain the target exposure. Because of compounding, its long-term performance can diverge significantly from simply twice the return on XRP spot.
- 2x leverage through daily rebalancing
- XRP exposure through derivatives
Tuttle Capital 2x Long Daily XRP ETF Size and Costs (AUM and Management Fee)
Assets under management (AUM) total $123.6M, while the total expense ratio is 2.77% annually.
Like other leveraged cryptocurrency ETFs in the same category, its daily rebalancing can cause long-term performance to differ substantially from that of the underlying asset.
Tuttle Capital 2x Long Daily XRP ETF Performance and Fund Flows
1-Year Price Performance
Dividend & Yield
52-Week Price RangeAs the fund is linked to changes in the price of XRP, it can experience significant price swings. Its 2x leveraged structure can also lead to large changes in value over short periods.
As investor interest in cryptocurrency-focused leveraged ETFs grows, fund flows can fluctuate significantly in response to regulatory and market news related to XRP.
Tuttle Capital 2x Long Daily XRP ETF: Benefits and Drawbacks
Its key strength is the potential for amplified gains when XRP rises, while its main drawbacks are volatility and compounding risk caused by daily rebalancing.
💪 Key Benefits
⚠️ Key Considerations
Alternative ETFs and Related Products to the Tuttle Capital 2x Long Daily XRP ETF
BITX, ETHU, BITU, ETHT, and SOLT are other cryptocurrency leveraged ETFs tied to bitcoin, ether, or solana, respectively, and differ in their underlying assets and fund structures. Within the XRP exposure space, direct alternatives such as XRP and XRPR provide unleveraged exposure to XRP spot. A competing ETF with the same 2x structure is UXRP, while XRPM is a variation designed to seek monthly income.
Peer Comparison ETFs| Ticker | Name | Price | Change | AUM | Total Expense Ratio | Dividend Yield | 1Y |
|---|---|---|---|---|---|---|---|
 BITX | 2x Bitcoin ETF | $16.64 | +3.2% | $1.0B | 2.75% | 9.06% | -63.6% |
 ETHU | 2x Ether ETF | $21.46 | +4.2% | $852.0M | 2.97% | 1.69% | -76.1% |
 BITU | ProShares Ultra Bitcoin ETF | $12.89 | +3.2% | $476.2M | 0.95% | 7.53% | -64.2% |
 ETHT | ProShares Ultra Ether ETF | $13.73 | +4.0% | $216.9M | 0.96% | 1.7% | -78.0% |
 SOLT | 2x Solana ETF | $45.68 | +4.7% | $140.4M | 2.92% | 2.48% | -82.1% |
Tuttle Capital 2x Long Daily XRP ETF Investor Checklist
These are the key points to review before investing in XXRP. Because of its leveraged structure, the fund carries risks that differ from those of conventional ETFs, and investors should assess whether it aligns with their short-term trading objectives.
| Checkpoint | What to Review | Current Status |
|---|---|---|
| 💵 Expense ratio | Confirm the relatively high fee associated with a leveraged product | Higher than a conventional ETF |
| 🔄 Daily rebalancing | Understand the potential for compounding-related divergence over the long term | Daily rebalancing remains in place |
| 📉 Underlying asset volatility | Account for the possibility of extreme fluctuations in the price of XRP | High volatility persists |
| 🏦 Derivative structure | Assess swap and futures counterparty risk | Derivative-based management remains in place |
Because the fund uses daily rebalancing, losses can accumulate quickly if the short-term direction of the underlying asset differs from expectations. Compounding-related performance divergence is also a major risk when the fund is held for the long term.
The fund is suited to traders with a high-risk tolerance who are confident about the short-term direction of XRP. It is more appropriate for short-term trading than long-term investing. Investors should fully understand the leveraged structure and volatility before investing.
SubscribeDisclaimer: This content is for informational purposes only and does not constitute investment advice. All investment responsibility lies with the investor.
This article reflects information as of July 2, 2026.
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