Grayscale XRP Trust management fee rate is 2.5%, with assets under management nearing 250,000 USD

ChainCatcher news, according to official data from Grayscale, the management fee rate for its launched XRP trust fund Grayscale XRP Trust is 2.5%, and it will use the CoinDesk Ripple Price Index (XRX) to provide a USD-denominated reference rate for the spot price of Grayscale XRP Trust.

In addition, as of September 11, the asset management scale of Grayscale XRP Trust reached $247,921.68, with a net asset value per share of $10.73.