Grayscale XRP Trust (XRP)
Grayscale XRP Trust XRP (AMEX: GXRP) is an exchange-traded fund listed on NYSE Arca, trading at $30.47 (about ₹2,926 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.35%. Indian residents can buy GXRP through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$30.29
Today's high
$30.95
52 week low
$19.25
52 week high
$46.51
GXRP opened at $30.83, closed previously at $29.59, and has traded between $19.25 and $46.51 over the past 52 weeks.
About
GXRP aims to track the spot price of XRP, less expenses and liabilities. It intends to provide accessibility to XRP without the complexities of acquiring, holding, and trading directly through an XRP spot market. GXRP owns and passively holds actual XRP through their custodian. It does not trade, buy, sell or hold XRP derivatives, including XRP futures. Holdings are valued daily based on the CoinDesk XRP CCIXber Reference Rate, a USD-denominated reference rate for the spot price of XRP. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity, adjusted for price variance and inactivity. Shares are created and redeemed in large blocks through authorized participants, supporting alignment between trading price and NAV, though market forces may still lead to premiums or discounts. The fund does not directly or indirectly participate in any staking program. The fund's expense ratio and tracking should be reviewed and considered for comparison purposes.
Key statistics
Expense ratio
0.35%
Assets (AUM)
$100.0M
Holdings
—
NAV
$29.58
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top holding
These 1 are 100.0% of the fund.
How to buy GXRP from India
Indian residents can buy GXRP units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search GXRP and buy
Find the fund by its ticker, GXRP, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in GXRP from India
Trading and taxes when buying GXRP from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the GXRP price today?
Grayscale XRP Trust XRP (GXRP) last traded at $30.47 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹2,926 a unit at the 24 Sep 2026 USD/INR rate.
When does GXRP trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is GXRP, and what does it cost to hold?
Grayscale XRP Trust XRP manages about $100.0M. Its expense ratio is 0.35% a year, deducted inside the fund. It launched in 2024.
What are GXRP's largest holdings?
Its largest holding is XRP (100.0%).
How are gains on GXRP taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of GXRP?
Yes. You can buy GXRP by amount rather than by whole unit, and there is no minimum trade size.