Grayscale XRP Trust Management Fee Set at 2.5%, AUM Reaches $250K as of September 11

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.