21Shares XRP ETF (TOXR) files 424B3; net assets fell 54% to $112.9M in H1 2026

Filed August 11, 2026 · ~2 min read

Key Changes

• high

  The Trust's net assets declined from $247.7M on Dec 31, 2025 to $112.9M on Jun 30, 2026, a 54.41% decrease.

  Management’s Discussion and Analysis verify on EDGAR →
• high

  The decline was driven by a 42.91% drop in XRP price (from $1.8272 to $1.0431) and net share redemptions of 2,780,000 shares.

  Management’s Discussion and Analysis verify on EDGAR →
• high

  The Trust reported a net decrease in net assets from operations of $85,241,051 for the six months ended Jun 30, 2026.

  Management’s Discussion and Analysis verify on EDGAR →