Grayscale XRP Trust Management Fee And Asset Details Revealed

According to Odaily, Grayscale has disclosed details about its XRP Trust. The management fee for the Grayscale XRP Trust is set at 2.5%. The trust will utilize the CoinDesk Ripple Price Index (XRX) to provide a USD-denominated reference rate for the spot price of XRP. As of September 11, the Grayscale XRP Trust's assets under management (AUM) reached $247,921.68, with a net asset value (NAV) per share of $10.73.