21Shares XRP ETF (TOXR) Cost Basis
What did TOXR pay for its coins?
The average price TOXR paid for the XRP it holds, set against XRP's price.
What TOXR paid, and XRP's price
The average price TOXR paid for the XRP it still holds, beside XRP's own price. The price line is worked out each day from the buy price and the Worth vs. paid figure, so it can sit a little off a price quoted elsewhere. Estimates. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact. Some funds already held coins on the day our record starts, and we never saw what those cost. They are left out of the average, so this covers only the coins we watched arrive. We can see a buy price for 23% of the coins TOXR holds.
Inspect and compare dates
Pick two dates to compare what TOXR had paid for XRP with XRP's price on each.
| Measure | Change | Relative change | ||
|---|---|---|---|---|
| Average buy price | $1.79 | $1.76 | −$0.03 | −1.7% |
| XRP price | $1.45 | $1.50 | +$0.0477 | +3.3% |
Right now
On average TOXR paid about $1.76 a coin for the XRP it holds. At $1.50, XRP is about 15% below that.
Is TOXR in profit?
As of Sep 23, 2026.
Coins in profit
Of the XRP the fund holds, the share worth more today than it cost.
26% of the XRP in TOXR is worth more today than it cost. Taken together, the fund is behind on what it paid.
How much of this can we see?
We can see a buy price for 23% of the coins TOXR holds.
Some funds already held coins on the day our record starts, and we never saw what those cost. They are left out of the average, so this covers only the coins we watched arrive.
What has XRP's price done lately?
Price now
Past week
Up
Past month
Up
Against 200-day average
Above
Over the past month barely any money moved either way, and XRP's price rose 1.3%. XRP is trading 18% above its average price for the past 200 days. Fund money is one part of what moves a price, so read those as two facts side by side rather than one causing the other.
Understanding
21Shares XRP ETF (TOXR) Cost Basis
Where it stands today
21Shares XRP ETF (TOXR) paid an average of about $1.76 a coin for the XRP it holds as of .
At $1.50, XRP's price was about 15% below that as of .
26% of the XRP in TOXR was worth more than it cost as of .
Cost basis is the average price TOXR paid for the coins it holds. It works like your own average buy price: when XRP's price is above it, the fund is ahead on paper, and when it is below, it is behind.
The Worth vs. paid tab divides XRP's price by that average. Above 1.0 the coins are worth more than the fund paid for them, and below 1.0 they are worth less. It is the same comparison as the two lines on the Buy price tab, as one number.
Coins in profit counts the XRP the fund holds that are worth more today than they cost, as a share of all of them.
The price line on the Buy price tab is worked out from the two figures the chart already has, so it can sit a little off the price quoted elsewhere for the same day.
The numbers
behind the chart
What does the current reading show?
Average buy price: the latest reading is $1.76, on . The highest reading since is $1.95 on ; the lowest is $1.76 on .
XRP price: the latest reading is $1.50, on . The highest reading since is $2.35 on ; the lowest is $0.9972 on .
Worth vs. paid: the latest reading is 0.85x, on . The highest reading since is 1.21x on ; the lowest is 0.56x on .
The average price TOXR paid for the XRP it held on each day, the Worth vs. paid figure, and XRP's price worked out from the two, which can sit a little off the price quoted above.
What are the latest, highest and lowest readings?
| Measure | Latest | Highest | Lowest |
|---|---|---|---|
| Average buy price | $1.76 | $1.95 | $1.76 |
| XRP price | $1.50 | $2.35 | $0.9972 |
| Worth vs. paid | 0.85x | 1.21x | 0.56x |
How do the readings compare with earlier dates?
| Reference date | Average buy price | XRP price | Worth vs. paid |
|---|---|---|---|
| 1 month ago | $1.79 | $1.45 | 0.81x |
| 3 months ago | $1.80 | $1.11 | 0.62x |
| 6 months ago | $1.90 | $1.44 | 0.76x |
What was the reading at each month’s end?
| Reading date | Average buy price | XRP price | Worth vs. paid |
|---|---|---|---|
| $1.76 | $1.38 | 0.78x | |
| $1.79 | $1.06 | 0.59x | |
| $1.80 | $1.04 | 0.58x | |
| $1.80 | $1.33 | 0.74x | |
| $1.81 | $1.37 | 0.76x | |
| $1.90 | $1.34 | 0.71x | |
| $1.90 | $1.36 | 0.72x | |
| $1.90 | $1.73 | 0.91x | |
| $1.86 | $1.84 | 0.99x |
Source: The money going into and out of TOXR each trading day, and XRP's price. No fund publishes what it paid. This is worked out from the money going in and the price on the day it arrived, so treat it as close rather than exact. Reading for .