AXRP
100% physically backed by XRP, the fifth largest cryptoasset by market cap, the 21Shares Ripple XRP ETP (AXRP) tracks the performance of XRP. AXRP offers a simple, regulated, and transparent way for investors to gain exposure to the growth of Ripple, a payment protocol that enables cross-border money transfers.
Overview
Description
100% physically backed by XRP, the fifth largest cryptoasset by market cap, the 21Shares Ripple XRP ETP (AXRP) tracks the performance of XRP. AXRP offers a simple, regulated, and transparent way for investors to gain exposure to the growth of Ripple, a payment protocol that enables cross-border money transfers.
Disclaimer
Benefits
Well integrated
Ripple provides an integrated approach to cross-border payments, with more than 300 financial institutions connected to Ripple's payment network. Its strong connection to traditional finance allows investors to participate in the convergence of blockchain with TradFi payment systems.
Easy and familiar
Adding crypto to your portfolio doesn’t need to be complicated. Invest with your existing advisor or brokerage platform and keep your assets in one place.
100% physically backed
AXRP is 100% physically backed by the underlying Ripple tokens and kept in cold storage by an institutional-grade custodian, offering greater protection than custody options available to individual investors.
Carbon Neutral
21Shares has participated in carbon offset schemes since 2018. Our commitment involves offsetting our carbon footprint through green initiatives, like cleaner power generation, reforestation efforts, and coral reef protection, all geared towards safeguarding the planet for future generations.
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Key Information
Ticker Symbols
Performance
Market data provided by Alpha Vantage and CryptoCompare. Not investment advice, for informational purposes only. Historical performance is not an indication of future performance.
Cumulative%
Additional Information
Trading
Service Providers
How to invest: A step by step guide
Why 21Shares
Innovative Products
Unlock the future of investment with the world's first and largest range of crypto ETPs, enhancing the security and accessibility of digital asset investment.
Trusted Expertise
Invest with confidence as you explore the crypto space with our team of blockchain and financial industry experts, providing valuable market insights and ensuring compliance throughout your investment journey.
Unmatched Accessibility
Experience broad access to the crypto markets through our extensive product range, offering seamless trading on global exchanges and brokers.
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