Franklin XRP Trust - Franklin XRP ETF
Franklin XRP Trust - Franklin XRP ETF (AMEX: XRPZ) is an exchange-traded fund listed on NYSE Arca, trading at $16.18 (about ₹1,554 a unit) as of 30 Sep 2026, 4:00 PM ET. It has an expense ratio of 0.19% and holds 2 securities. Indian residents can buy XRPZ through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$16.13
Today's high
$16.70
52 week low
$10.77
52 week high
$26.09
XRPZ opened at $16.67, closed previously at $16.22, and has traded between $10.77 and $26.09 over the past 52 weeks.
About
XRPZ is designed to provide investors with regulated, convenient exposure to XRP. XRP is a digital asset most often used for fast, low-cost cross-border payments. Listed on NYSE Arca and tracking the CME CF XRP-Dollar Reference Rate (New York Variant), XRPZ is a passively managed grantor trust that directly holds XRP. Assets are primarily stored in secure cold storage, some may be temporarily held by the Prime Broker in a mix of cold and hot wallets for liquidity, with investors entitled to a pro-rata share. The ETF avoids leverage, derivatives, and fork/airdrop assets, simplifying XRP investment, but does not proxy direct ownership. Temporary trading balances may involve extra risks.
Key statistics
Expense ratio
0.19%
Assets (AUM)
$439.1M
Holdings
2
NAV
$16.26
Avg. volume
—
1-year price change
—
5-year price change
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Price change excludes dividends.
Top 2 holdings
XRPZ holds 2 securities in total. These 2 are 100.0% of the fund.
How to buy XRPZ from India
Indian residents can buy XRPZ 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 XRPZ and buy
Find the fund by its ticker, XRPZ, 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 XRPZ from India
Trading and taxes when buying XRPZ 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 XRPZ price today?
Franklin XRP Trust - Franklin XRP ETF (XRPZ) last traded at $16.18 on NYSE Arca, as of 30 Sep 2026, 4:00 PM ET. That is ₹1,554 a unit at the 29 Sep 2026 USD/INR rate.
When does XRPZ 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 XRPZ, and what does it cost to hold?
Franklin XRP Trust - Franklin XRP ETF manages about $439.1M. Its expense ratio is 0.19% a year, deducted inside the fund. It launched in 2025.
What are XRPZ's largest holdings?
The top two are XRP (100.0%) and Net Current Assets. XRPZ's 2 largest positions make up 100.0% of the fund.
How are gains on XRPZ 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 XRPZ?
Yes. You can buy XRPZ by amount rather than by whole unit, and there is no minimum trade size.