Key stats
About ProShares Ultra XRP ETF
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Inception date
Jul 15, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
ISIN
US74349Y4989
UXRP invests primarily in cash-settled XRP futures contracts. It also holds US Treasury bills, repurchase and reverse repurchase agreements, and a Cayman Islands subsidiary to help maintain leverage. A mathematical process sets the type, quantity, and mix of positions to hit the daily target. The portfolio is rebalanced each day based on XRP price movements to keep about twice the daily exposure. Futures are rolled as they near expiration, dealing with costs from contango or backwardation. UXRP doesnt directly hold XRP and can fall short of its target when markets are volatile or tax limits on the subsidiary kick in. The fund stays fully invested regardless of trends and keeps adjusting even when prices swing sharply or go nowhere. Over longer periods, returns can drift away from twice XRPs move. This is a complex, high-risk strategy thats designed more for short-term exposure than long-term holding.
Related funds
Classification
Symbol
Geography
Global
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash100.00%
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
UXRP assets under management is 99.61 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
UXRP invests in cash. See more details in our Analysis section.
UXRP expense ratio is 1.67%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, UXRP is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, UXRP doesn't pay dividends to its holders.
UXRP shares are issued by ProShare Advisors LLC
UXRP follows the XRP/USD Exchange Rate - USD - Benchmark Price Return. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 15, 2025.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.