Grayscale XRP Trust management fee rate is 2.5%, with assets under management nearing 250,000 USD

2024-09-12 21:29:20

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ChainCatcher news, according to official data from Grayscale, the management fee rate for its launched XRP trust fund Grayscale XRP Trust is 2.5%, and it will use the CoinDesk Ripple Price Index (XRX) to provide a USD-denominated reference rate for the spot price of Grayscale XRP Trust.

In addition, as of September 11, the asset management scale of Grayscale XRP Trust reached $247,921.68, with a net asset value per share of $10.73.

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Grayscale Cryptocurrency Asset Management Platform