GXRP ETC tracks the price of the cryptocurrency Ripple

XRPetc – Physical ETC Set XRP (GXRP ETC) It provides physical exposure to the XRP cryptocurrency with the security and liquidity of an exchange-traded product.” – Bradley Duke, ETC Group

XRPetc – ETC Group Physical XRP (Trading Token: GXRP) It is an exchange-traded cryptocurrency (ETC) that tracks the price of the XRP token ripple.

The main listing of GXRP is on Deutsche Boerse’s XETRA which is a central clearinghouse, giving investors a safe and liquid way to get exposure to the XRP cryptocurrency Ripple. Each share of GXRP is 100 percent physically backed and the owner is entitled to a predetermined number of XRP tokens.

Description of XRPetc – ETC Group Physical XRP

XRPetc – ETC Group Physical XRP Investerar i Ripple (XRP).

The total cost ratio is 1.95% per annum. ETN parallels the evolution of a basic index with a debt security with a security backed by physical holdings of the precious metal. ETN is less than 1 year old and based in Germany.

Easy way to invest in Ripple’s XRP tokens

Investing in GXRP is as easy as buying stocks through your broker or bank. Unlike directly investing in XRP, you do not have to deal with the technical challenges of creating a cryptocurrency wallet to store XRP* because your shares remain safe with the broker or bank. * Investors only need a cryptocurrency wallet if they want to redeem their shares for XRP.


Invest in Ripple on a regulated exchange

This ETC is listed on Deutsche Boerse, one of the largest stock exchanges in Europe. Investors can trade with confidence knowing that all market participants are carefully vetted and closely monitored to prevent market abuse, unlike cryptocurrency exchanges, many of which are not regulated. The issuer has cooperated with liquidity providers at the highest level to ensure adequate liquidity in the exchange and tight spreads.


storage

The issuer keeps the XRP notes deposited with the BitGo Trust Company, a safe and regulated custodian designed specifically for storing digital assets. Strict KYC and AML standards ensure that the origin of all held cryptocurrencies is verified.

Risks

Investors’ capital is in the risk zone and investors may not get back the amount originally invested and should seek independent advice before making any decision.

Every investment decision must be based on the information contained in the relevant prospectus.

ETC Securities are regulated as liabilities, not equity.

ETCs are traded on stock exchanges as securities. They are bought/sold at market prices, which may differ from the ETC’s NAV.

Cryptocurrencies can be very volatile and your capital is at risk.

Only for professional investors.

investment strategy

The product tracks the value of the cryptocurrency Ripple (XRP).

Handla GXRP etc

XRPetc – Physical ETC Set XRP (GXRP ETC) It is a cryptocurrency traded on the European Stock Exchange. This ETC is traded on Deutsche Boerse Xetra in several different currencies.

This means that it is possible to trade shares in ETC through most Swedish banks and online brokers, for example DejeroAnd nordnet And keep it up.

menus

exchange Currency short name
XETRA American dollar GXRQ
XETRA euro GXRP

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