21Shares' XRP exchange-traded fund delivered a sharp 42.6% rebound during the third quarter, yet its longer-term performance remains under pressure, with nine-month returns still negative and an 18.7% loss reported despite stronger XRP prices.
The latest disclosure shows fund redemptions reduced the vehicle's holdings to 107.3 million XRP. While the quarterly rally helped recover some ground, the fund's overall performance reflects earlier weakness and ongoing investor outflows.
The contrast between the quarterly gain and the nine-month loss highlights how volatile XRP-linked investment products have been, even as the underlying token strengthened.
