Grayscale XRP Trust Management Fee Rate of 2.5%, Nearly $250,000 Under Management as of September 11th

Grayscale XRP Trust, the XRP trust it launched with a 2.5% management fee, will use the CoinDesk Ripple Price Index (XRX) to provide a reference exchange rate for the Grayscale XRP Trust's spot price in U.S. dollars, according to official data from Grayscale. Moreover, as of September 11, Grayscale XRP Trust's custody size touched $247,921.68 with a net worth of $10.73 per share.