21Shares XRP ETF Reports 18.73% Loss Despite 42.62% Q3 Rebound, Holdings Drop to 107.3M

XRP-0.57%

According to its November 10 SEC filing, the 21Shares XRP ETF (TOXR) reported an 18.73% net asset value loss for the first nine months of 2026, despite rebounding 42.62% during the third quarter. The fund's assets declined from $247.7 million at year-end 2025 to $159.7 million by September 30.

XRP holdings fell to 107.3 million tokens from approximately 135.6 million at the start of 2026 due to investor redemptions. During the nine-month period, shareholders redeemed 4.55 million ETF shares worth $78.8 million, while only 1.68 million new shares were created, resulting in net capital outflows of $50.5 million.

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