Is XRP or TOXR cheaper?

XRP, at 0.34% a year versus 0.50% for TOXR.

Which is bigger, XRP or TOXR?

XRP, with about $616M in net assets against $160M for TOXR.

Do XRP and TOXR move together?

Yes. Both hold XRP, so their daily returns are nearly identical before fees. The lasting differences are the expense ratio, fund size and how tightly each trades to its net asset value.

Compare · XRP spot ETFs

XRP vs TOXR

Bitwise XRP ETF against 21Shares XRP ETF

XRP is cheaper: 0.34% vs 0.50% a year, or $1.60 less per $1,000 held.
XRP is 3.8x the size of TOXR by net assets.

	XRP	TOXR
Issuer	Bitwise	21Shares
Expense ratio	0.34%	0.50%
Net assets (USD)	616M	160M
YTD return	−18.18%	−18.13%
Net flow, last 5 days	−$0.7M	$0.0M
Pre-market estimate: median miss	0.06%	1.31%

Verdict: XRP

XRP is both the cheaper and the larger fund, so it is the default pick unless you need TOXR for a specific brokerage or account.

Fees: what the expense ratio costs you

XRP charges 0.34% and TOXR charges 0.50% a year. On a $10,000 position that is $34 versus $50 per year, taken out of the fund's assets daily rather than billed to you. Over five years the gap compounds to roughly $80 per $10,000 in XRP's favour, before any return.

Size and liquidity

XRP holds about $616M against $160M for TOXR. A larger fund usually means tighter bid-ask spreads and more options volume, which matters if you trade around the open rather than hold for years. The five-day flow row shows which fund investors are adding to right now; see the full daily table on the flows page.

Pre-market estimate accuracy

Pre-Tick's pre-market estimate has landed closer to the official open for XRP (median miss 0.06%) than for TOXR (1.31%). Both are re-priced every minute from live XRP on the XRP and TOXR pages, with the method on the accuracy page.

FAQ

Is XRP or TOXR cheaper?: XRP, at 0.34% a year versus 0.50% for TOXR.
Which is bigger, XRP or TOXR?: XRP, with about $616M in net assets against $160M for TOXR.
Do XRP and TOXR move together?: Yes. Both hold XRP, so their daily returns are nearly identical before fees. The lasting differences are the expense ratio, fund size and how tightly each trades to its net asset value.

Both funds hold XRP, so their daily moves are nearly identical; the lasting differences are fees, size and liquidity. Estimate miss is how far Pre-Tick's pre-market estimate landed from the official 9:30 AM ET open (see accuracy). Flows are US spot ETF net flows from SoSoValue. Not investment advice.